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MANIFOLD
Will US gas prices hit $6/gallon in 2026?
25
Ṁ200Ṁ2.2k
Dec 31
13%
chance
3

Resolves YES if the AAA national average regular gasoline price reaches or exceeds $6.00 per gallon on any single day in 2026.

Resolution Source

AAA Gas Prices — the standard national average for regular unleaded.

Current Situation (April 3, 2026)

  • National average: $4.08/gallon (up $1.08 in March alone)

  • WTI crude oil: $111/barrel and climbing

  • Strait of Hormuz disrupted since March 2

  • US-Iran war ongoing since February 28

  • Gas prices lag crude by ~2 weeks

Historical Context

  • US all-time record: $5.02/gallon (June 2022)

  • $6.00 would be unprecedented — 20% above the all-time high

What could push it to $6

  • Strait of Hormuz fully closed

  • War escalation hitting Kharg Island (90% of Iran oil exports)

  • Summer driving season demand spike

What keeps it below $6

  • Strategic Petroleum Reserve release

  • Ceasefire or de-escalation

  • Demand destruction

  • OPEC+ production increases

Market context
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Is this calculated in US🌀dollar?

Please copy and paste my question when you reply to it in the comments so people understand what you are replying too. The manifold comment thread system is very confusing other wise.

bought Ṁ10 YES

I don’t think it’s likely but 10% is undervalued