Gas prices drop below $3.50 per gallon by Q4 2027

Market overview

The combined effect of geopolitical stability (e.g., Strait of Hormuz reopening) and gas tax suspension reduces average U.S. gasoline prices below $3.50 per gallon by the fourth quarter of 2024.

price prediction market

Implied probability (Yes)

60%

Closes

2027-12-31

Source: user-generated

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