US gas prices this week
Short Answer
1. Executive Verdict
- Valero refinery explosion and shutdown impacts gasoline supply.
- U.S. gasoline stockpiles are declining amid resilient consumer demand.
- RBOB gasoline futures surged significantly on March 30, 2026.
- Increased open interest in May 2026 RBOB gasoline futures was noted.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Outcome | — | — | Insufficient data |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 March 30, 2026: 21.0pp spike
Price increased from 76.0% to 97.0%
Outcome: Above 3.960
4. Market Data
Contract Snapshot
This market resolves to "Yes" if the average regular gas price for the United States is strictly greater than $4.140 on April 6, 2026, as verified by AAA; otherwise, it resolves to "No." Trading for this market opens on March 30, 2026, at 10:00 AM EDT, closes on April 5, 2026, at 11:59 PM EDT, with a projected payout on April 6, 2026, at 10:05 AM EDT.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|
Market Discussion
Traders in this prediction market are debating whether US gas prices will rise significantly this week, with some referencing AAA data and WTI crude oil prices. Arguments for a "Yes" outcome suggest a potential 10-cent jump or that current WTI trends point to higher prices, while "No" arguments cite a current price below the threshold or a "sideways" market lacking upward momentum. There's no clear consensus, and some participants also expressed frustration over perceived market manipulation affecting order execution.
5. What Was the Change in U.S. Gasoline Stockpiles on April 1, 2026?
| Analyst Forecast (April 1, 2026) | Not available [^] |
|---|---|
| U.S. Gasoline Inventories | Decreased on April 1, 2026 [^] |
| Gasoline Stock Level | Fell to a 13-week low [^] |
6. What Was the Impact of the Valero Refinery Explosion and Shutdown?
| Refining Capacity Removed | 415,000 bpd (Valero Port Arthur, PADD 3) [^] |
|---|---|
| Smoke Pollution Increase | 12,800% [^] |
| Carbon Monoxide Increase | 421% [^] |
7. What Caused the May 2026 RBOB Gasoline Futures Price Surge?
| Settlement Price Change | +$0.0750 to $2.5750 per gallon (March 30, 2026) [^] |
|---|---|
| Open Interest Increase | 5,000 contracts to 155,000 (March 30, 2026) [^] |
| Affected Contract | May 2026 RBOB Gasoline futures (RBK6) [^] |
8. Did AAA or GasBuddy Update Easter 2026 Gas Demand Forecasts?
| Easter 2026 Travel Forecast Update | No significant deviation from initial projections for consumer gasoline demand found from AAA or GasBuddy (based on available research) [^] |
|---|---|
| Gas Price Trend (March 2026) | Prices continued to climb around March 2026 and were expected to rise as Easter approached [^] |
| National Average Gas Price Outlook | GasBuddy noted $4 national average still likely (early 2026) [^] |
9. What Was the U.S. Regular Gasoline National Average Price on March 30, 2026?
| Primary Data Source | U.S. Energy Information Administration (EIA) [^], [^], [^], [^] |
|---|---|
| March 30, 2026 EIA Price | Not definitively identified from provided sources [^], [^], [^], [^] |
| Proximate Secondary Mention | Social media post March 31, 2026, mentions truncated national average [^] |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: April 06, 2026
- Expiration: April 13, 2026
- Closes: April 06, 2026
11. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
13. Related News
14. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 4 resolved YES, 16 resolved NO
Recent resolutions:
- KXAAAGASW-26MAR30-3.990: NO (Mar 30, 2026)
- KXAAAGASW-26MAR30-3.970: YES (Mar 30, 2026)
- KXAAAGASW-26MAR30-3.950: YES (Mar 30, 2026)
- KXAAAGASW-26MAR30-4.260: NO (Mar 30, 2026)
- KXAAAGASW-26MAR30-4.240: NO (Mar 30, 2026)
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