📈
Economics OPEN

How high will gas prices in New York get this year?

📊 $0 traded 🏦 Source: Kalshi
Total Volume
$0
Open Interest
0
Active Markets
8
Markets
17

Trade This Market

Yes Bid
Yes Ask
Last Price
Prev Close
Buy YES → Buy NO

Prices in cents (1¢ = 1%). Trade on Kalshi.

All Outcomes (17)
Outcome Probability Yes Bid Yes Ask 24h Change Volume
Above $3.10 0%
$0 Resolved
Above $3.20 0%
$0 Resolved
Above $3.30 0%
$0 Resolved
Above $3.40 0%
$0 Resolved
Above $3.50 0%
$0 Resolved
Above $3.60 0%
$0 Resolved
Above $3.70 0%
$0 Resolved
Above $3.80 0%
$0 Resolved
Above $4.00 0%
$0 Resolved
Above $4.20 0%
$0 Trade →
Above $4.40 0%
$0 Trade →
Above $4.60 0%
$0 Trade →
Above $4.80 0%
$0 Trade →
Above $5.00 0%
$0 Trade →
Above $5.20 0%
$0 Trade →
Above $5.40 0%
$0 Trade →
Above $5.60 0%
$0 Trade →

About This Market

This market asks which dollar-per-gallon range New York retail gasoline will reach during the current calendar year. It matters because retail gasoline prices influence household budgets, transportation costs, and regional inflation dynamics.

New York gasoline prices reflect both global crude markets and local Northeast-specific factors such as regional refinery capacity, seasonal demand, and state taxes/mandated fuel blends. Historically, prices tend to peak in summer driving season and spike after supply disruptions (refinery outages, hurricanes, or major pipeline interruptions). Traders in this market incorporate those patterns alongside current news and data.

Market prices express the collective expectations of traders about which of the five price ranges will be realized at settlement; they update as new information arrives and are best read as relative signals of which scenarios the market currently favors rather than as guarantees.

Key Factors

Frequently Asked Questions

When does the market for 'How high will gas prices in New York get this year?' close and when will it resolve?

The market's close date is listed on the event page as TBD; the event will resolve according to the timing and procedures specified in the market rules on that page, so check the event rule text for the official close and settlement schedule.

How are the five outcome buckets defined for this event?

Each outcome corresponds to a specific retail price-per-gallon range for regular gasoline in New York; the exact numeric boundaries for each of the five buckets are shown in the event details on the market page and determine which outcome pays at resolution.

What authoritative price series will be used to determine the New York gas price that settles the event?

The event rules name the authoritative reference (for example, a published regional retail-price index or government/industry series); consult the market's rule text on the event page to see which published data source will be used for settlement.

Which near-term developments are most likely to move this market between outcome buckets quickly?

Rapid changes can come from unexpected refinery outages in the Northeast, sudden crude-price shocks or geopolitical events, extreme regional weather events, or unanticipated policy announcements affecting fuel taxes or mandated blends.

How can a consumer or business exposed to New York fuel costs use this market?

Use the market to monitor collective expectations about price scenarios and as an input to planning or budgeting; for hedging, review the settlement rules, assess liquidity, size positions relative to actual exposure, and consider professional advice before trading.

Related Markets