How high will gas prices in California get in 2026?
No strike crosses 50%. The closest is $6.80 or above at 21%, from Kalshi's prices.
Chances and prices from Kalshi’s public order book at Oct 30, 2026, 4:02 PM ET. Updated daily.
Chance of Yes at each strikeChance
$6.60 or aboveYes 19c · No 86c
17%$6.80 or aboveYes 23c · No 82c
21%$7 or aboveYes 22c · No 83c
20%$7.20 or aboveYes 8c · No 94c
7%$7.40 or aboveYes 6c · No 98c
4%$7.60 or aboveYes 4c · No 98c
3%$7.80 or aboveYes 5c · No 99c
3%$8 or aboveYes 4c · No 99c
3%Each strike is its own Kalshi market. The chance is the midpoint of its best bid and offer. Strikes run low to high.
What settles it.
Every strike uses the same rule with its own number in it. The rule below is for $6.80 or above.
Kalshi’s rule$6.80 or above
If average regular gas prices for California are strictly greater than $6.80 by Dec 31, 2026 according to AAA, the market resolves to Yes.
Source: Kalshi’s published market rules. Kalshi decides how every market settles. How Kalshi settlement works.
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