
Will EU natural gas prices top $5 per 1 cubic meter for any month in 2023? (Medvedev's Predictions 1b)
25
450Ṁ35kresolved Jan 5
Resolved
NO1H
6H
1D
1W
1M
ALL
Resolves YES if EU natural gas prices reach at least $141.64 USD per Million Metric British Thermal Unit (MMBtu) for any month in 2023 according to data at https://fred.stlouisfed.org/series/PNGASEUUSDM. Otherwise NO.
$141.64 comes from multiplying $5 USD per 1 cubic meter by 28.3278 m3 per MMBtu (see conversion factors here).
(I hope I got the math right here, let me know if I made any errors.)
For reference, the most recent data point is $20.80 per MMBtu for October 2022.
Note that this data source provides monthly average prices across the EU, which might not be exactly what Medvedev meant, but that's what happens when one writes unclear predictions!
Context: Prediction for 2023 made by Dmitry Medvedev:
This question is managed and resolved by Manifold.
Get
1,000 to start trading!
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ108 | |
2 | Ṁ62 | |
3 | Ṁ34 | |
4 | Ṁ23 | |
5 | Ṁ22 |
Sort by:
People are also trading
Related questions
Will EU try to buy more than 10% of its yearly gas consumption from Russia in 2023?
53% chance
Will inflation-adjusted gas prices rise in the US in 2025?
44% chance
Will the 2025 average carbon price of the regulated carbon market in Europe exceed €100/t CO2?
55% chance
[Glimt] Will Russian gas supplies resume through the Nord Stream pipelines in 2025?
19% chance
National Average Gas Price in the US by EOY 2025
Will the world reach peak natural gas production by 2035?
54% chance
Will Germany have a shortage of natural Gas by the end of 2027?
16% chance