TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 12, 8:29 AM EST
Kalshi
This event tracks the price of gasoline (all types) in the U.S. city average during July 2026, measured in cents per gallon. The market will resolve based on whether the average price exceeds various price thresholds throughout that month.
Resolution is determined by the seasonally adjusted Consumer Price Index for All Urban Consumers: Gasoline (All Types) in U.S. City Average (FRED series CUSR0000SETB01) for July 2026. The event establishes index level thresholds ranging from 360 to 415, with each successive level indicating higher gasoline price pressures and inflationary conditions in the energy sector during the month.
Prediction market odds on Kalshi reflect real-money traders' expectations for July gasoline CPI, often incorporating faster-moving data than traditional analyst surveys. While economists and energy analysts publish forecasts based on historical trends and current crude oil prices, prediction markets aggregate dispersed information from many participants with direct financial incentives to be accurate. Comparing Kalshi implied probabilities to consensus analyst estimates can reveal where the market diverges from expert opinion, potentially signaling either market insight or overreaction to recent price swings in energy markets.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, US gasoline CPI for July is priced as a binary or multi-outcome contract where traders buy and sell shares corresponding to different CPI ranges or directional outcomes. Each share reflects the market's probability estimate, with prices ranging from near zero to near one dollar. As new information about energy markets, refinery capacity, and demand emerges, traders adjust positions, moving prices up or down. The current market price directly represents the collective forecast of all active traders on Kalshi for this specific economic indicator.
The US gasoline CPI for July market on Kalshi resolves on Aug 19, 2026. Resolution is determined by the official Consumer Price Index data released by the U.S. Bureau of Labor Statistics, which publishes the July CPI report according to its standard monthly schedule. The specific gasoline component of the CPI—measuring price changes for unleaded regular gasoline at the pump—will be compared against the predetermined outcome thresholds defined in the contract terms to settle all open positions.
Several catalysts can shift odds for US gasoline CPI for July. Crude oil price movements, driven by geopolitical tensions, OPEC production decisions, or global demand shocks, directly influence pump prices. Refinery outages or maintenance can tighten supply and raise gasoline costs. Weekly petroleum inventory reports from the EIA provide early signals of supply-demand imbalances. Seasonal demand patterns, hurricane activity in the Gulf of Mexico, and dollar strength also affect gasoline prices. Any surprise in inflation data or Federal Reserve policy can reshape energy market expectations before the July CPI release.