Full record

Missmarkets

Oil/energy prices stay elevated near $100 and do not come down through the near future

A scored prediction by Tom Nash, made on .

VideoQuote from the original sourcemarketsenergy

Scored prediction

Missmarkets

Energy prices are not going to come down anytime soon. They're going to be around 100 until the foreseeable future.

Oil/energy prices stay elevated near $100 and do not come down through the near future

Made on
2022-03-25
Outcome
Miss
Importance
4 / 5
Effect on score
-1.78

What counted as right

Status
resolved
Settled on
2023-03-25

Front-month crude oil (WTI/Brent) stays elevated near or above ~$90 on a sustained basis through ~2023-03, rather than falling substantially.

Criterion (front-month crude stays elevated near/above ~$90 sustained through ~2023-03) is contradicted: prices fell well below $90 by autumn 2022 and were ~$70s at the deadline. Primary source: St. Louis Fed / EIA WTI spot. No outcome value assigned here.

Sources

  • I got bad news...

    YouTube ·

    Source

Evidence of what happened

  • WTI crude (FRED daily spot, DCOILWTICO) fell substantially and was NOT near/above ~$90 on a sustained basis through Mar 2023. Peaked ~$115 in Jun 2022, then declined: ~$87 (Sep 1, 2022), ~$81/$76 (Dec 1/15, 2022), ~$76–79 (Feb 2023), ~$77 then ~$67 (Mar 1/15, 2023). WTI was below $90 for essentially the entire second half of the window and sat in the ~$67–78 range in Feb–Mar 2023.

    Evidence

Corrections

No public corrections.

Effect on the score

-1.78
How sure they sounded
85%
Outcome
Miss
Importance
4 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

Oil/energy prices stay elevated near $100 and do not come d…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2022-03-25

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