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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, 1993, published 1993

Publishers Envisioning Hype Cycle explorer Forecast vs actual

crude_oil_price_nominal in 2008: 53.03 nominal USD per barrel

Source

Verdict

Not graded yet.

What happened: 92.77 nominal USD per barrel (EIA AEO Retrospective)

Forecast error: -39.74 nominal USD per barrel

The same forecast in other editions

199167.61 nominal USD per barrel
199263.3 nominal USD per barrel
199353.03 nominal USD per barrel
199443.2939 nominal USD per barrel
199535.8507 nominal USD per barrel
199634.8203 nominal USD per barrel
199729.1937 nominal USD per barrel
199828.0195 nominal USD per barrel
199926.5427 nominal USD per barrel
200025.1704 nominal USD per barrel
200125.4265 nominal USD per barrel
200228.1831 nominal USD per barrel
200327.3899 nominal USD per barrel
200426.6509 nominal USD per barrel
200528.7829 nominal USD per barrel
200653.1928 nominal USD per barrel
200761.3971 nominal USD per barrel
200875.9848 nominal USD per barrel
200998.5835 nominal USD per barrel

All captured fields

series: crude_oil_price_nominal
target year: 2008
value: 53.03
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-1993-035

Cite

Hindsight, claim eia-aeo-1993-035. Envisioning. https://www.envisioning.com/hindsight/claims/eia-aeo-1993-035

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.