Kalshi traders see higher gas prices lasting through election day
The post Kalshi traders see higher gas prices lasting through election day appeared on BitcoinEthereumNews.com. Motorists purchase gas at a station on June 09, 2026 in Chicago, Illinois. Scott Olson | Getty Images Stock Chart IconStock chart icon WTI Crude 5-day chart. On Thursday, the national average of gas prices was at $3.84, according to AAA, up 5 cents from the day prior. The rise comes as U.S. oil prices rose as high as $75 per barrel on Wednesday, up from around $68 per barrel on Monday. However, WTI eased to below $72 per barrel on Thursday. While traders on Kalshi think gas prices will remain higher for longer, they also don’t see them returning to new highs. They give just a 43% chance gas prices cross $4.60 this year, although that’s up from about a one-in-three chance before the U.S. and Iran began hostilities again. The high for gas prices in 2026 was on May 21, when the average hit $4.56. Before the war with Iran began, the national average for U.S. gas prices was belo