Prediction market traders think gas prices will hit new highs for the year

U.S. oil prices are again above $100 per barrel, sending gasoline prices to multi-month highs. But traders on prediction market platforms expect the amount Americans are spending at the pump will hit fresh highs this year. Gas prices peaked at $4.56 per gallon on May 21, according to AAA’s national average. Now, traders on Kalshi ...

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