Will average **gas prices** be above or below $4.00 by Dec 31, 2026?

Prediction markets currently give a 37% probability that Will average **gas prices** be above or below $4.00 by Dec 31, 2026?. This contract trades at 37¢ on Kalshi, closing December 31, 2026. The market is pricing a 67% probability that U.S.

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37¢
Bid/Ask 37/47¢·Spread 10¢·Vol $16.29·OI $1,975.9·Closes Dec 31, 2026·254d remaining
KXAAAGASMAXTX-26DEC31-4.00
7-day price96 snapshots · 2 regime
67¢37¢ current
Apr 834¢Apr 21

Analysis

4d ago

The market is pricing a 67% probability that U.S. average gas prices will exceed $4.00 by end-2026, with the Yes contract yielding 76% annualized—notably lower than the No side's 262% yield, suggesting significant asymmetric risk perception. Volume is thin at $73.8 in 24 hours against $1.9k open interest, and the contract has rallied sharply from 45¢ to 67¢ over seven days, indicating recent bullish sentiment on higher gas prices despite the 259-day timeframe. The extreme No-side yield and neutral regime score suggest traders may be overpricing the downside scenario, creating potential value on the lower-probability outcome.

Resolution rules

If average regular gas prices for Texas are strictly greater than $4.00 by Dec 31, 2026 according to AAA, the market resolves to Yes.

Indicators

IY (Yes) 245.1%
IY (No) 84.5%
Adj IY 123%
CRI 2
Overround 0.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)245.1%
IY (No)84.5%
Adj IY123%
CRI2
Overround0.3%

Regime

Label
neutral
Score
0.5
Spread
10¢
Computed
4/22/2026, 1:14:19 AM
Indicators computed 4/22/2026, 1:08:17 AM

Trade

View on kalshisf trade KXAAAGASMAXTX-26DEC31-4.00 yes 100

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