Subhenau asks:
What will be the ending stocks of crude oil in the US Strategic Petroleum Reserve (SPR) as of 29 November 2024?
Closed Nov 29, 2024 08:01AM UTC
With US oil stockpiles in the SPR down substantially since President Biden took office, Republicans and Democrats are fighting over what to do next (PBS, Oil Price, US House Energy and Commerce Committee, Energy.gov). The question will be suspended on 28 November 2024 and the outcome determined using data as reported by the US Energy Information Administration (EIA) when first released for 29 November 2024, expected in early December 2024 (EIA). As of 28 July 2023, ending stocks totaled 346,759 thousand barrels.
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The question closed "Between 375,000 thousand barrels and 400,000 thousand barrels, inclusive" with a closing date of 29 November 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 325,000 thousand barrels | 0% | |
| Between 325,000 thousand barrels and 350,000 thousand barrels, inclusive | 0% | |
| More than 350,000 thousand barrels but less than 375,000 thousand barrels | 1% | |
| Between 375,000 thousand barrels and 400,000 thousand barrels, inclusive | 97% | |
| More than 400,000 thousand barrels but less than 425,000 thousand barrels | 1% | |
| Between 425,000 thousand barrels and 450,000 thousand barrels, inclusive | 0% | |
| More than 450,000 thousand barrels | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 39 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 392 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
