What will be the spot price per million BTUs for natural gas on 30 September 2024?
Closing Sep 30, 2024 07:01AM UTC
High levels of natural gas in storage in the US has kept its price relatively low in historical terms (Oil Price, EIA - Weekly Natural Gas Storage Report). The question will be suspended on 29 September 2024 and the outcome determined using the spot price per million British thermal units (BTUs) per the US Energy Information Administration (EIA) as reported by the Federal Reserve Economic Data (FRED) database, expected in October 2024 (FRED, EIA - British thermal units). On 21 May 2024, the spot price for natural gas was $2.52.
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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Less than $1.50 | 0% | 0% | -1.00% | -2.00% |
| At least $1.50, but less than $2.00 | 15.00% | -2.00% | -13.00% | -9.00% |
| At least $2.00, but less than $2.50 | 70.00% | +2.00% | +11.00% | +23.00% |
| At least $2.50, but less than $3.00 | 13.00% | 0% | +2.00% | -6.00% |
| At least $3.00, but less than $3.50 | 2.00% | 0% | +1.00% | -4.00% |
| At least $3.50, but less than $4.00 | 0% | 0% | 0% | -2.00% |
| At least $4.00, but less than $4.50 | 0% | 0% | 0% | 0% |
| $4.50 or more | 0% | 0% | 0% | 0% |