How high will gas prices in California get this year?

As of Fri, 06 Nov 2026 07:31:47 UTC, Kalshi traders price Above $6.40 (100.0%), Above $6.60 (25.0%), Above $6.80 (14.0%). The market has $549K in volume and closes on Fri, 01 Jan 2027.

Updated:

Current odds

OutcomeChanceYes priceNo price
Above $6.40100.0%100.0¢0.0¢
Above $6.6025.0%25.0¢75.0¢
Above $6.8014.0%14.0¢86.0¢
Above $7.009.0%9.0¢91.0¢
Above $7.209.0%9.0¢91.0¢
Above $7.408.0%8.0¢92.0¢
Above $7.606.0%6.0¢94.0¢
Above $7.803.0%3.0¢97.0¢
Above $8.003.0%3.0¢97.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Above $6.40:

If average regular gas prices for California are strictly greater than $6.40 by Dec 31, 2026 according to AAA, the market resolves to Yes.

Sources

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