TOTAL VOLUME:
$147.3b
24H VOL:
$160,757,820
24H TRANSACTIONS:
2,798,566,680
OPEN INTEREST:
$1,796,460,506
516,586
Markets across
38,144
events
MATCHED EVENTS:
2,845
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Time left: 24d:17h:09m
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This event tracks future projections of consumer prices for gasoline across U.S. cities, reflecting anticipated economic pressures on fuel costs. It examines how market participants collectively assess inflationary trends and supply-demand dynamics affecting everyday fuel expenses over the specified period.
All markets in this event evaluate whether the U.S. City Average Consumer Price Index for Gasoline (All Types) in October 2026 exceeds specific threshold values ranging from 330 to 410. The index, published monthly and seasonally adjusted by the Federal Reserve Economic Data (FRED) series CUSR0000SETB01, serves as the sole data source for resolution. Each market corresponds to a distinct numerical threshold; resolution occurs when the published index value for the specified month equals or surpasses its respective threshold, with all markets otherwise resolving to No. The structure allows participants to bet on varying degrees of price increases, effectively creating a spectrum of outcomes based on the same underlying economic indicator.
Currently, prediction market odds reflect a different perspective than many traditional analyst forecasts for US gasoline prices. While some analysts predict a continued decline in gasoline prices due to decreased demand, this market suggests a more nuanced outlook. It's important to note that prediction markets incorporate a wider range of information and real-time sentiment, potentially leading to divergences from standard economic projections. This dynamic makes this market a valuable tool for assessing collective intelligence about future gasoline CPI.
On Kalshi, this market is priced using a continuous double auction, meaning traders buy and sell contracts representing different CPI outcomes. The price of each contract reflects the probability of that outcome occurring, as perceived by the collective wisdom of the traders. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more trades occur, the prices adjust to reflect new information and changing expectations. This creates a dynamic pricing mechanism where the market efficiently incorporates available data and sentiment regarding the future CPI for gasoline.
This market resolves around Nov 17, 2026, with the outcome confirmed once the official US gasoline CPI data for October is verifiable from credible public reporting. The Bureau of Labor Statistics (BLS) releases this data, and the market will settle based on the reported CPI value. Traders should monitor the BLS release schedule to stay informed about the exact timing of the resolution. The final price will reflect the accuracy of the collective predictions made within this market.
Several factors could significantly influence this market before its resolution. Unexpected geopolitical events impacting oil supply, major shifts in global demand for gasoline, or surprising changes in refinery capacity could all cause price fluctuations. Additionally, macroeconomic data releases, such as overall inflation figures or employment numbers, could indirectly affect expectations for gasoline prices. Any news related to energy policy or government regulations could also move this market, as traders adjust their predictions based on the latest information.