Gasoline Price Surge Outlook and Democrats' Probability of Retaking the Senate
- 1There is an 87% probability that the AAA national average gasoline price will remain above $4 per gallon, according to Kalshi speculators on November 3.
- 2There is a 42% probability that the average price will exceed $4.25, as predicted by Kalshi speculators on Election Day.
- 3Kalshi traders place the probability of Democrats retaking the Senate from Republicans at 63%.
So what's the key point?
There is a very high possibility that gasoline prices will stay above $4 per gallon. Speculators also see a 63% chance of the Democrats regaining control of the Senate.
Source CNBC · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.