Will gas be below $3.75 in any state on...?
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Prices reach $4.48 per gallon
Prices continue to rise amid supply risks Fuel prices in the United States have jumped again, amid expectations that market pressures will continue into next year due to regional tensions and supply constraints. The latest data from the American Automobile Association shows that the average price of regular gasoline rose to $4.48 per gallon (a gallon equals 3.785 liters) during September. The increase was influenced by the sharp rise in global crude oil markets and refining costs, with the average rising significantly compared to a level below $4.10 per gallon recorded just a month ago, and a wide difference compared to the same period last year when the average was $3.16 per gallon. In a related context, the US Energy Information Administration assumed that some export restrictions on oil would continue until the end of this year, and that production levels would remain below pre-regional tensions averages until the second quarter of the year. The coming year is 2027, which suggests that fuel prices will continue to rise for an additional period under the threat of supply risks.
Prices reach $4.48 per gallon
Prices continue to rise amid supply risks Fuel prices in the United States have jumped again, amid expectations that market pressures will continue into next year due to regional tensions and supply constraints. The latest data from the American Automobile Association shows that the average price of regular gasoline rose to $4.48 per gallon (a gallon equals 3.785 liters) during September. The increase was influenced by the sharp rise in global crude oil markets and refining costs, with the average rising significantly compared to a level below $4.10 per gallon recorded just a month ago, and a wide difference compared to the same period last year when the average was $3.16 per gallon. In a related context, the US Energy Information Administration assumed that some export restrictions on oil would continue until the end of this year, and that production levels would remain below pre-regional tensions averages until the second quarter of the year. The coming year is 2027, which suggests that fuel prices will continue to rise for an additional period under the threat of supply risks.
What is this event about?
This market will resolve to "Yes" if on the specified date at 11:59PM ET, the average regular gas price for any US state is below $3.75 per gallon using unrounded figures. Otherwise, the market will resolve to "No".
Washington D.C. will not be considered a state despite its inclusion in the data provided by the resolution source.
This market will resolve based on the gas prices provided by AAA for the specified date, once the update for that date is made available. In the event that this source does not present the relevant information by the specified date, 11:59 PM ET, the market will remain open for two full calendar day for it to update. If it remains unavailable, this market will resolve to "No".
The resolution source for this market will be State gas prices published by the the American Automobile Association (AAA) at https://gasprices.aaa.com/.