;-)

$58.20 based on today's futures market. Although if OPEC can get its act together the price should go up before then...

You are going to allow predictions to be made 42 days from the end of the year to be compared with those that were made in December of last year?!  That is like asking people to make bets on the World Cup at the beginning of the tournament, and then when you get down to the finals, and everyone knows it's France or Italy, letting everyone change their bets!  Obviously that is not fair.  Why are you changing the rules at the end of the contest?

73.5 :)

We Norwegians need your hard-earned cash!

123 bucks

Do I want the champers or a global meltdown? Tough call. But with Darth Cheney still hovering near the button, who knows?

You can't be me, I'm taken

I'm going to keep my guesses as is.  So far the peak price of WTI is pretty close @ $77.75 vs about $78.5 and the prediction that nat gas would puke due to overproduction are pretty good.  I'd have never put a low on Nat gas down in the $4.5 range though.  

with a gun to my head, i doubt $55 on Dec 31.  Maybe on the day the Jan contract expires (Dec 20 or so).  not at year end.  If OPEC fails to cut production we'll be much lower than $55.  If things keep bumping along, there will likely be a cold snap at some point in Dec that gets the price for the Feb contract back up over $60.  It's a crap shoot.

Re: Countdown to 100$ oil (19) - Your bets for 200 (none / 0)
2006 WAGs (wild ass guesses)  All front month WTI on the day.

1)  Highest touch on WTI at any point intra day
$ 77.75.  Iraq civil war stops exports and sets oil world on edge.

   2.  Year end $55.00

   3.  Year High  $14.5, year end  $9.00.  

Both Henry Hub in normal units.  Nat gas will slump in 2006 as drilling will go wild, Hedges for petchem and fertilizer guys will be gone so production will slump and therefore demand for nat gas drop.  Ditto electricity generation.  nat gas turbines aren't economic at these prices so demand will wane.

4)  $100 WTI won't occur until 2009.  

All right, I'll bite. If I average your Countdown figure, HiD's countdown figure and a current price of $59, I predict $69.67.

I could probably do better if I had a dartboard.

Jesus died for somebody's sins but not mine - Patti Smith

Okay, predicting trouble in Iran as Repubs try to squeeze some last minute killin' in before loosing congressional power, some mess in them straits, not full scale war, but enuf to rattle everyone real good. Oil price on Dec. 31, $93.23

$57.57
I tried to contact both CERA and Campbell, to get a shaded picture of the situation. But without success. ;-)
So be it !

------------- If liberty means anything at all, it means the right to tell people what they do not want to hear (Orwell)

My last bet was like this:

It all boils down to if the Americans attack Iran. On one hand, that would be insane. On the other hand, the neocons are insane. But I still can't bring myself to believe they will really attack. So...

Highest: $86/bl in October, after continued nastiness everywhere topped with a big hurricane in GOM.

Year-end: $77/bl

Natgas highest: $21/mbtu after the October hurricane

No $100 oil this year, because there will be no war with Iran (please!)

If that damn hurricane had arrived I would have won, I am sure of it. But there was no hurricane and prices fell. Now that the spare capacity is increasing I see no reason for a price increase, especially if the winter is warm.

So I'll lower my bet to $52.52.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

I think it will drift down for a while yet, but may be approaching bottom. so $58.30

keep to the Fen Causeway