Will US gas prices hit $6/gallon in 2026?
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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
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