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World oil prices (imported refiner acquisition cost of crude oil, IRAC) · Hindsight | Envisioning

Hindsight · review build · data not yet validated

World oil prices (imported refiner acquisition cost of crude oil, IRAC)

US Energy Information Administration, Annual Energy Outlook, 1991, published 1991

Publishers Envisioning Hype Cycle explorer Forecast vs actual

crude_oil_price_nominal in 2003: 47.08 nominal USD per barrel

Source

Verdict

Not graded yet.

What happened: 27.71 nominal USD per barrel (EIA AEO Retrospective)

Forecast error: +19.37 nominal USD per barrel

The same forecast in other editions

199147.08 nominal USD per barrel
199246.05 nominal USD per barrel
199338.9 nominal USD per barrel
199431.8592 nominal USD per barrel
199527.2741 nominal USD per barrel
199626.717 nominal USD per barrel
199723.7503 nominal USD per barrel
199823.4596 nominal USD per barrel
199919.6429 nominal USD per barrel
200022.0541 nominal USD per barrel
200122.3579 nominal USD per barrel
200223.9975 nominal USD per barrel
200326.9187 nominal USD per barrel
200427.6528 nominal USD per barrel

All captured fields

series: crude_oil_price_nominal
target year: 2003
value: 47.08
unit: nominal USD per barrel
case: Reference (Mid-Price case in early editions)
retrospective: AEO Retrospective Review 2010
table: Table 4
confidence: medium
note: Read from PDF table text by column position; values rounded as printed.

Permalink

https://www.envisioning.com/hindsight/claims/eia-aeo-1991-014

Cite

Hindsight, claim eia-aeo-1991-014. Envisioning. https://www.envisioning.com/hindsight/claims/eia-aeo-1991-014

Dispute this verdict

Data, code and grading rules are public at github.com/envisioning/hindsight. Data under CC BY 4.0 (the BCB Focus survey under ODbL), code under MIT. Every rule is in the decision log. Think a verdict is wrong? Open a dispute.