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Economics OPEN

US gas prices this week

📊 $0 traded 🏦 Source: Kalshi
Total Volume
$0
Open Interest
0
Active Markets
25
Markets
25

Trade This Market

Yes Bid
Yes Ask
Last Price
Prev Close
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Prices in cents (1¢ = 1%). Trade on Kalshi.

All Outcomes (25)
Outcome Probability Yes Bid Yes Ask 24h Change Volume
Above 4.000 0%
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Above 4.020 0%
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Above 4.040 0%
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Above 4.060 0%
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Above 4.080 0%
$0 Trade →
Above 4.090 0%
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Above 4.100 0%
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Above 4.110 0%
$0 Trade →
Above 4.120 0%
$0 Trade →
Above 4.130 0%
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Above 4.140 0%
$0 Trade →
Above 4.150 0%
$0 Trade →
Above 4.160 0%
$0 Trade →
Above 4.180 0%
$0 Trade →
Above 4.200 0%
$0 Trade →
Above 4.220 0%
$0 Trade →
Above 4.240 0%
$0 Trade →
Above 4.260 0%
$0 Trade →
Above 4.280 0%
$0 Trade →
Above 4.300 0%
$0 Trade →
Above 4.320 0%
$0 Trade →
Above 4.340 0%
$0 Trade →
Above 4.360 0%
$0 Trade →
Above 4.380 0%
$0 Trade →
Above 4.400 0%
$0 Trade →

About This Market

This market tracks the national average price of regular unleaded gasoline in the United States over the course of the current week. It serves as a benchmark for consumer energy costs and provides a real-time outlook on fuel price volatility.

Gas prices are a primary indicator of economic health, influenced heavily by global crude oil benchmarks, domestic refinery capacity, and seasonal shifts in consumer demand. Significant price fluctuations often follow geopolitical instability in oil-producing regions or localized disruptions in the US supply chain, such as hurricane season or unexpected pipeline maintenance.

The market prices reflect the collective anticipation of market participants regarding where the national average will settle by the close of the week. Higher values indicate an expectation of rising costs, while lower values suggest a trend toward stabilization or decline.

Key Factors

Frequently Asked Questions

What data source determines the final settlement price for this market?

The market settles based on the national average price for regular unleaded gasoline as reported by the American Automobile Association (AAA) or the Energy Information Administration (EIA) as defined in the specific market contract.

Does this market account for regional differences in gas prices?

No, this market tracks the national average, which aggregates prices across the entire United States to provide a single, unified benchmark.

What happens if there is a major global event on a weekend?

If the event occurs after the market's specific weekly cutoff time, the price impact will be reflected in the subsequent week's market rather than the current one.

How do refinery outages affect the outcomes in this market?

Unplanned refinery outages typically restrict the supply of finished gasoline, leading to upward pressure on prices during the affected week.

Can I trade this market after the weekly data is released?

Markets typically close for trading once the underlying data source confirms the outcome or shortly before the data release to prevent trading on non-public information.

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