Elevated crude oil prices, driven by ongoing geopolitical disruptions including closures and attacks affecting Strait of Hormuz transit, remain the dominant factor supporting U.S. retail gasoline averages near $4.10 per gallon in late August 2026. Crude oil typically accounts for roughly half of pump prices, with recent WTI and Brent levels in the $80–$95 per barrel range amplified by reduced global supply, elevated refining margins, and the more expensive summer gasoline blend. Inventory draws, steady domestic demand, and asymmetric price pass-through—where increases transmit faster than declines—have kept readings at August records, up about $1 year-over-year. With resolution only days away, any near-term easing in Middle East tensions, refinery output shifts, or EIA inventory data could influence final settlement levels, though seasonal demand tailwinds are fading.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$10,037 Vol.
↑ $5.00
3%
↑ $4.75
2%
↑ $4.50
4%
↑ $4.25
12%
↓ $3.90
2%
↓ $3.70
4%
↓ $3.50
3%
↓ $3.25
1%
↓ $3.00
1%
↓ $2.50
1%
$10,037 Vol.
↑ $5.00
3%
↑ $4.75
2%
↑ $4.50
4%
↑ $4.25
12%
↓ $3.90
2%
↓ $3.70
4%
↓ $3.50
3%
↓ $3.25
1%
↓ $3.00
1%
↓ $2.50
1%
Only the first two decimal digits of the reported price will be considered (e.g., if the price is reported as $3.257, this market will use $3.25 as the price).
The resolution source for this market will be information from the American Automobile Association (AAA), presently found here: https://gasprices.aaa.com/. Specifically, the cell under "Regular" and for the row "Current Avg".
Market Opened: Jul 29, 2026, 3:23 PM ET
Resolution Source
https://gasprices.aaa.com/Resolver
0x65070BE91...Only the first two decimal digits of the reported price will be considered (e.g., if the price is reported as $3.257, this market will use $3.25 as the price).
The resolution source for this market will be information from the American Automobile Association (AAA), presently found here: https://gasprices.aaa.com/. Specifically, the cell under "Regular" and for the row "Current Avg".
Resolution Source
https://gasprices.aaa.com/Resolver
0x65070BE91...Elevated crude oil prices, driven by ongoing geopolitical disruptions including closures and attacks affecting Strait of Hormuz transit, remain the dominant factor supporting U.S. retail gasoline averages near $4.10 per gallon in late August 2026. Crude oil typically accounts for roughly half of pump prices, with recent WTI and Brent levels in the $80–$95 per barrel range amplified by reduced global supply, elevated refining margins, and the more expensive summer gasoline blend. Inventory draws, steady domestic demand, and asymmetric price pass-through—where increases transmit faster than declines—have kept readings at August records, up about $1 year-over-year. With resolution only days away, any near-term easing in Middle East tensions, refinery output shifts, or EIA inventory data could influence final settlement levels, though seasonal demand tailwinds are fading.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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