📈
Economics OPEN

US gas prices this week

📊 $1.8M traded 🏦 Source: Kalshi
Total Volume
$1.8M
Open Interest
1,202,870
Active Markets
35
Markets
35

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 (35)
Outcome Probability Yes Bid Yes Ask 24h Change Volume
Above $3.550 4%
$402K Trade →
Above $3.580 3%
$382K Trade →
Above $3.520 15%
13¢ 15¢ $231K Trade →
Above $3.490 51%
50¢ 51¢ $183K Trade →
Above $3.400 99%
99¢ 100¢ $147K Trade →
Above $3.370 99%
99¢ 100¢ $90K Trade →
Above $3.460 95%
95¢ 97¢ $88K Trade →
Above $3.340 99%
99¢ 100¢ $70K Trade →
Above $3.280 99%
99¢ 100¢ $38K Trade →
Above $3.310 99%
99¢ 100¢ $33K Trade →
Above $3.430 99%
99¢ 100¢ $27K Trade →
Above $3.220 99%
99¢ 100¢ $24K Trade →
Above $3.250 99%
99¢ 100¢ $22K Trade →
Above $3.190 99%
99¢ 100¢ $19K Trade →
Above $3.330 99%
99¢ 100¢ $14K Trade →
Above $3.110 99%
99¢ 100¢ $11K Trade →
Above $3.120 99%
99¢ 100¢ $11K Trade →
Above $3.290 98%
99¢ 100¢ $7K Trade →
Above $3.160 99%
99¢ 100¢ $7K Trade →
Above $3.320 99%
99¢ 100¢ $6K Trade →
Above $3.130 99%
99¢ 100¢ $5K Trade →
Above $3.000 99%
99¢ 100¢ $4K Trade →
Above $2.980 99%
99¢ 100¢ $3K Trade →
Above $3.030 99%
99¢ 100¢ $2K Trade →
Above $3.010 99%
99¢ 100¢ $2K Trade →
Above $3.090 99%
99¢ 100¢ $2K Trade →
Above $3.100 99%
99¢ 100¢ $2K Trade →
Above $2.990 99%
99¢ 100¢ $2K Trade →
Above $3.300 99%
99¢ 100¢ $2K Trade →
Above $3.020 99%
99¢ 100¢ $2K Trade →
Above $3.050 99%
99¢ 100¢ $2K Trade →
Above $3.060 99%
99¢ 100¢ $1K Trade →
Above $3.070 99%
99¢ 100¢ $1K Trade →
Above $3.080 99%
99¢ 100¢ $1K Trade →
Above $3.040 99%
99¢ 100¢ $1K Trade →

About This Market

This market allows participants to forecast the national average retail price of regular gasoline in the United States for the current week. It serves as a sentiment-driven indicator for short-term energy cost fluctuations, which directly impact household budgets and inflationary expectations.

US gas prices are subject to complex variables, including global crude oil benchmarks, refinery capacity, and seasonal supply chain shifts. Historically, prices fluctuate due to geopolitical tensions in oil-producing regions, domestic seasonal demand changes, and inventory levels reported by the Energy Information Administration (EIA).

Market prices represent the collective expectation of traders regarding the average retail price, reflecting real-time reactions to economic data and energy sector updates.

Key Factors

Frequently Asked Questions

What data source determines the final price for this market?

This market typically relies on the official retail gasoline price index or the national average as reported by the Energy Information Administration (EIA).

Does this market measure a single specific day or the entire week?

This market tracks the weekly average price to smooth out daily volatility and provide a representative measure for the week in question.

How do refinery disruptions affect the outcome of this market?

Sudden refinery outages reduce the supply of finished gasoline, which can cause retail price spikes even if crude oil prices remain stable.

Why do gas prices change so frequently on a weekly basis?

Short-term prices are highly reactive to fluctuations in commodity futures, changes in consumer demand, and logistical bottlenecks in fuel distribution.

Are there specific times of the year when this market sees higher volatility?

Yes, volatility often increases during the transition between winter and summer blend fuel requirements or during peak summer driving and holiday travel seasons.

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