Energy · resolves 10.12.31 · closed

In 2008, would oil reach $200 a barrel by 2010?

With crude above $120 in May 2008, would WTI reach $200 a barrel at any point before the end of 2010?

Outcome: No · resolved 10.12.31 · US Energy Information Administration, WTI spot price (RWTC) · a stance dated before that is a call, marked right or wrong below

Where the experts stand

Yes

2 on record 67%

1 on record 33%

Where the public stands

Yes

0 answers —

0 public answers · one per account Closed to new answers.

Yes — 2 on record Wrong

T. Boone PickensBEATS —

Today it is close to $150 a barrel. In 10 years, you are going to have $300 a barrel oil.

said 08.07.22 on US Senate testimony · source

Arjun MurtiBEATS —

The possibility of $150-$200 per barrel seems increasingly likely over the next six-24 months.

said 08.05.05 on Goldman Sachs research note · source

No — 1 on record Right

George SorosBEATS —

there is a bubble superimposed on an upward trend in oil prices. Price charts have taken on the shape of a parabolic curve, which is characteristic of bubbles in the making.

said 08.06.03 on US Senate Commerce Committee testimony · source

How it resolves · 10.12.31 · Resolves Yes if WTI spot closes at or above $200 on any day before 2010-12-31; the peak close was $145.31 on 2008-07-03 and WTI ended 2010 near $91. · by US Energy Information Administration, WTI spot price (RWTC) Dispute a quote