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Barchart
Wajeeh Khan

The Majority of Traders Are Betting that Gas Prices Will Go Up This Week. Here’s Why.

Gas Prices Kalshi United States Stock Market Oil

Gas prices in the United States may be heading higher this week, at least according to traders on the prediction market platform Kalshi. 

As of Wednesday, the platform shows a 73% chance that average retail gas prices will rise this week. This is based on traders placing the odds of the average regular pas price in the U.S. on Oct. 6 coming in above $3.135 at 73%. The outcome of this contract will be verified by AAA data. 

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