New Jersey gas prices this week
Short Answer
1. Market Behavior & Drivers
- New Jersey gas prices likely exceed $4.40, given the $4.42 September 15 price.
- Global energy market stress and crude oil above $105/barrel support higher prices.
- Saudi East-West pipeline outage creates a major supply shock, intensifying volatility.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Above 4.4400 | 62.0% | 84.4% | New Jersey gas prices increased by 15 cents last week amid surging crude oil prices. |
| Above 4.4000 | 91.0% | 93.0% | New Jersey gas prices increased by 15 cents last week amid surging crude oil prices. |
| Above 4.4200 | 65.0% | 84.4% | New Jersey gas prices increased by 15 cents last week amid surging crude oil prices. |
| Above 4.3800 | 95.0% | 96.2% | New Jersey gas prices increased by 15 cents last week amid surging crude oil prices. |
| Above 4.3600 | 94.0% | 96.2% | New Jersey gas prices increased by 15 cents last week amid surging crude oil prices. |
Current Context
Sources (11)
- 1News 12 | New Jersey | Gas Prices Remain High Across New Jerseynewjersey.news12.com
- 2New Jersey Gas Prices Today — Regular $4.32/gal · Diesel $5.90fuelwide.com
- 3PADD I (East Coast District) Regular All Formulations Gas Pricefred.stlouisfed.org
- 4Medium-Term Inflation Expectations Tick Down; Unemployment Expectations Deteriorate - FEDERAL RESERVE BANK of NEW YORKnewyorkfed.org
- 5Oil markets survived the Iran war sprint. Now comes the marathon | Reutersreuters.com
- 6Crude Oil Leads Markets Higher - CME Groupcmegroup.com
- 7Saudi pipeline outage sends physical crude and diesel into scarcity pricing | Saxo Bankhome.saxo
- 8Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers | OilPrice.comoilprice.com
- 9US: EIA Petroleum Status Reportcmegroup.com
- 10ING THINK | PDF | Energy price forecasts revised higher amid stalematethink.ing.com
- 11How Energy Market Swings Are Reshaping Monetary Policy - OpenMarketscmegroup.com
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Above 4.5800
📈 September 15, 2026: 70.0pp spike
Price increased from 0.0% to 70.0%
Outcome: Above 4.5200
📉 September 14, 2026: 46.0pp drop
Price decreased from 51.0% to 5.0%
Sources (10)
- 1247wallst.comOctagon Agent
- 2www.thenewswire.comOctagon Agentthenewswire.com
- 3Gas prices still rising in NJ as diesel hits all-time highcourierpostonline.com
- 4NJ gas prices keep rising after Labor Day; when will it stop?app.com
- 5News 12 | New Jersey | Gas Prices Jump Again As New Jersey Drivers See Big Differences Between Stationsnewjersey.news12.com
- 6News 12 | New York | Gas prices jump again as New Jersey drivers see big differences between stationsnewyork.news12.com
- 7News 12 | New Jersey | Gas Prices Remain High Across New Jerseynewjersey.news12.com
- 8National diesel price average at all-time high, NJ gas at $4.43thedailyjournal.com
- 9How high are South Jersey gas prices now?pressofatlanticcity.com
- 10AAA says national average gas price leaps 13 cents in one week; N.J. average is $4.36 | ROI-NJroi-nj.com
4. Market Data
Contract Snapshot
This market resolves YES if the New Jersey gas price is strictly above the dollar threshold specified in the contract (e.g., $4.5600 for 'Above 4.5600'). It resolves NO if the gas price is at or below that threshold. Trading for this market begins on Sunday, September 20, 10:00 PM EDT, with a maximum payout date indicated as September 20, 2026.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Above 4.3000 | $1.00 | $0.05 | 99% |
| Above 4.3200 | $1.00 | $0.05 | 99% |
| Above 4.3400 | $1.00 | $0.05 | 99% |
| Above 4.3800 | $0.96 | $0.05 | 95% |
| Above 4.3600 | $0.98 | $0.05 | 94% |
| Above 4.4000 | $0.98 | $0.09 | 91% |
| Above 4.4600 | $0.84 | $0.64 | 78% |
| Above 4.5800 | $0.74 | $0.93 | 70% |
| Above 4.5200 | $0.73 | $0.95 | 68% |
| Above 4.4200 | $0.92 | $0.22 | 65% |
| Above 4.4400 | $0.95 | $0.58 | 62% |
| Above 4.5000 | $0.71 | $0.98 | 62% |
| Above 4.5600 | $0.74 | $0.74 | 62% |
| Above 4.4800 | $0.89 | $0.72 | 28% |
| Above 4.6000 | $0.15 | $0.99 | 18% |
| Above 4.6800 | $0.04 | $0.99 | 15% |
| Above 4.6200 | $0.12 | $0.99 | 8% |
| Above 4.6400 | $0.13 | $0.98 | 7% |
| Above 4.6600 | $0.15 | $0.97 | 6% |
| Above 4.5400 | $0.75 | $0.98 | 0% |
| Above 4.7000 | $0.05 | $1.00 | 0% |
Market Discussion
New Jersey's average retail price for regular gasoline is approximately $4.42-$4.43 per gallon as of September 15-16, 2026, reflecting a significant increase of over 15 cents from a week prior and more than $1.28 from a year ago [1][2][3]. This surge is attributed to high volatility in energy markets, including escalating geopolitical conflicts in the Middle East that have pushed crude oil prices above $105-$110 per barrel and sent physical crude and diesel prices to record highs due to supply shortages and tight refining margins [4][5][6][7][8][3]. While prediction markets reflect high confidence that WTI crude will remain above $93-$99 on September 16, 2026, some hedge funds are reportedly reducing long exposure, anticipating a potential easing of geopolitical tensions [9][10][11].
Sources (11)
- 1News 12 | New Jersey | Gas Prices Remain High Across New Jerseynewjersey.news12.com
- 2State Gas Price Averagesgasprices.aaa.com
- 3www.schaeffersresearch.comOctagon Agentschaeffersresearch.com
- 4Saudi pipeline outage sends physical crude and diesel into scarcity pricing | Saxo Bankhome.saxo
- 5Gate Institutional Weekly: WTI Crude Oil Briefly Tops title00, DEX Liquidity Redistributes Across Multiple Platforms (September 7–14, 2026) | Gate Researchgate.com
- 6Oil Adds Fuel to the Fire – Lunaro Weekly Report - Middle East Business News and Information - mid-east.infomid-east.info
- 7Petroleum Economistpetroleum-economist.com
- 8Crude Oil Leads Markets Higher - CME Groupcmegroup.com
- 9September 16, 2026: Oil Price (WTI) on Sep 16, 2026 Prediction Marketrobinhood.com
- 10Oil Price (WTI) on Sep 16, 2026? Odds | Kalshi & Polymarketpredictmarketcap.com
- 11Brent Crude Oil Price Forecast September 2026: $110 and Falling?kingdomexploration.com
5. Trust Index
“Above 4.5,200” made a sharp jump with almost no trading behind it.
Integrity risk· Thin-volume moves
Market integrity is low (66), but Integrity averages all three scores, so the other two pull it up. Only a critically low score would cap the total.
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. What is the forecasted impact of the 2026 Atlantic hurricane season on Gulf Coast refinery operations and the subsequent fuel supply to the East Coast?
| 2026 Atlantic Hurricane Season Activity (as of Sept 16, 2026) | Significantly below the 1991-2020 normal [1][2] |
|---|---|
| Named Tropical Storms (as of Sept 16, 2026) | 5 (Arthur, Bertha, Cristobal, Dolly, Edouard) [1][2] |
| NJ Gas Price Prediction (week ending Sept 21, 2026) | 98% confidence greater than $4.06 per gallon [3] |
Sources (14)
- 12026 Atlantic Hurricane Seasonnhc.noaa.gov
- 22026 Atlantic Hurricane Seasonnhc.noaa.gov
- 3Economy Prediction Markets: Live Odds and Predictionsdefirate.com
- 4Hurricane Season 2026: Calm on the horizon, prepared on the groundafpm.org
- 5Atlantic Hurricane Season Begins, El Niño Expected to Limit Tropi...industrialinfo.com
- 62026 Atlantic Hurricane Season Forecast: Risks, Predictions...accuweather.com
- 72026 Hurricane Season Forecast Signals Lower Storm Countsmansfield.energy
- 8Hurricane Path Tracker: US Gulf Coast Refinery Impacts - OPISopis.com
- 9Preparing for the 2026 Hurricane Season: A Broker's Guide to...falveyinsurancegroup.com
- 10https://www.nhc.noaa.gov/archive/2026/al05/al052026.discus.004.shtmlnhc.noaa.gov
- 11PSHLCH_2026AL05_Edouard_Summaryweather.gov
- 12Parish & County Impacts Associated with Tropical Storm Edouardpreview.weather.gov
- 13https://www.nhc.noaa.gov/cyclones/?atl=nhc.noaa.gov
- 14National Hurricane Center - NOAAnhc.noaa.gov
7. How do recent gas price forecasts from organizations like AAA and GasBuddy for September 2026 compare with consumer inflation expectations?
| Consumer Inflation Expectation (next 12 months) | 4.6% as of September 2026 (up from 4.0% in August) [1] |
|---|---|
| National Average Gas Price | $4.33 per gallon as of September 15, 2026 [2] |
| Probability Gas Prices exceed $4.60/gal | 71% before end of 2026 [3] |
Sources (5)
- 1US consumer sentiment deteriorates in September, inflation...reuters.com
- 2AAA Gas Pricesgasprices.aaa.com
- 3Prediction markets traders think gas prices will hit new highs in 2026cnbc.com
- 4GasBuddy Reveals 2026 USA Gasoline Price Forecast - Rigzonerigzone.com
- 5Economy Prediction Markets: Live Odds and Predictionsdefirate.com
8. How does New Jersey's week-over-week gas price percentage change compare to neighboring states like Pennsylvania and New York, and the U.S. national average?
| National Average Gas Price Increase (Week-over-week) | 2.1% (from $4.157 per gallon) [1][2] |
|---|---|
| New York Gas Price Increase (Week-over-week) | 3.25% (from $4.126 to $4.260) [2] |
| U.S. National Average Gas Price (Sept 15, 2026) | $4.3289 [2] |
Sources (5)
- 1AAA Gas Pricesgasprices.aaa.com
- 2Gasoline and Diesel Fuel Update - U.S. Energy Information... - EIAeia.gov
- 3New Jersey gas prices this week Odds & Predictions 2026 - Kalshikalshi.com
- 4New Jersey gas prices this week | Prediction Markets - Coinbasecoinbase.com
- 5Economy Prediction Markets: Live Odds and Predictionsdefirate.com
9. What do leading indicators like New York Harbor RBOB gasoline futures suggest about the direction of New Jersey retail gas prices for the upcoming week?
| RBOB Gasoline Futures Price (Oct 2026 contract) | $3.19 The prices range from $3.19 to $3.20 per gallon [1][2] |
|---|---|
| RBOB Price Date | September 16, 2026 [1][2] |
| Probability NJ retail gas prices stay above $4.06 | 98% for the week ending September 21, 2026 [3] |
Sources (5)
- 1Gasoline RBOB Oct '26 (RBV26) - Barchart.combarchart.com
- 2RB.1: RBOB Gas (Oct'26) - Stock Price, Quote and News - CNBCcnbc.com
- 3Economy Prediction Markets: Live Odds and Predictionsdefirate.com
- 4What Is It – Gasoline - Mansfield Energymansfield.energy
- 5Refinery fire and blast should drive up gasoline prices in some placescnbc.com
10. What specific geopolitical developments or OPEC+ production announcements could cause crude oil prices to surpass $110/barrel before late September 2026?
| Brent Crude Price (September 2026) | $105/bbl [1][2] |
|---|---|
| Oil Price Surge Threshold | $110/bbl before late September 2026 [1][2] |
| US Diesel Price (Early September 2026) | Exceeding $200/bbl [3][4] |
Sources (5)
- 1Oil Market Report - September 2026 – Analysis - IEAiea.org
- 2Short-Term Energy Outlook, global oil markets - EIAeia.gov
- 3Energy shock: why oil and gas prices have risen less than expectedecb.europa.eu
- 4Current price of oil as of May 20, 2026 | Fortunefortune.com
- 5OPEC+ tipped to raise production again but new quotas loomthedailystar.net
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: September 21, 2026
- Expiration: September 28, 2026
- Closes: September 21, 2026
Sources (17)
- 1Oil Market Report - September 2026 – Analysis - IEAiea.org
- 2Saudi pipeline outage sends physical crude and diesel into scarcity pricing | Saxo Bankhome.saxo
- 3Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers | OilPrice.comoilprice.com
- 4IC – Europe Fundamental Forecast | 16 September 2026 | IC Your Trading Edge | Official Blogic.com
- 5Saudi outage threatens 4% of global oil supply, so why is crude falling today?invezz.com
- 6Natural Gas and Oil Forecast: U.S. Stock Build Tests WTI as Saudi Supply Risks Persist | FXEmpirefxempire.com
- 7Brent Crude Oil Price Forecast September 2026: $110 and Falling?kingdomexploration.com
- 8www.schaeffersresearch.comOctagon Agentschaeffersresearch.com
- 9www.cnbc.comOctagon Agentcnbc.com
- 10www.youtube.comOctagon Agentyoutube.com
- 11www.youtube.comOctagon Agentyoutube.com
- 12seekingalpha.comOctagon Agent
- 13www.cnbc.comOctagon Agentcnbc.com
- 14Consumer Price Index News Release - 2026 M08 Resultsbls.gov
- 15Conventional Gasoline Prices: New York Harbor, Regular (DGASNYH) | FRED | St. Louis Fedfred.stlouisfed.org
- 16Crude Oil Leads Markets Higher - CME Groupcmegroup.com
- 17How Energy Market Swings Are Reshaping Monetary Policy - OpenMarketscmegroup.com
12. Decision-Flipping Events
- Trigger: Global energy markets face extreme volatility due to a major supply shock, specifically the outage of Saudi Arabia's East-West pipeline, which bypasses the Strait of Hormuz [1][2][3][4].
- Trigger: This is compounded by ongoing conflict in the Middle East and reduced Russian refinery activity [4].
- Trigger: These persistent supply disruptions, geopolitical risks, including the Iran war in its seventh month, and depleted global inventories provide bullish catalysts for prices [4][5][6][7][8][9][10][11][12][13].
- Trigger: Middle East export constraints drove Brent to an average of $91/bbl in August, up $7 from July [8][9][10][11][12][13].
Sources (13)
- 1Oil Market Report - September 2026 – Analysis - IEAiea.org
- 2Saudi pipeline outage sends physical crude and diesel into scarcity pricing | Saxo Bankhome.saxo
- 3Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers | OilPrice.comoilprice.com
- 4IC – Europe Fundamental Forecast | 16 September 2026 | IC Your Trading Edge | Official Blogic.com
- 5Saudi outage threatens 4% of global oil supply, so why is crude falling today?invezz.com
- 6Natural Gas and Oil Forecast: U.S. Stock Build Tests WTI as Saudi Supply Risks Persist | FXEmpirefxempire.com
- 7Brent Crude Oil Price Forecast September 2026: $110 and Falling?kingdomexploration.com
- 8www.schaeffersresearch.comOctagon Agentschaeffersresearch.com
- 9www.cnbc.comOctagon Agentcnbc.com
- 10www.youtube.comOctagon Agentyoutube.com
- 11www.youtube.comOctagon Agentyoutube.com
- 12seekingalpha.comOctagon Agent
- 13www.cnbc.comOctagon Agentcnbc.com
14. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 18 resolved YES, 2 resolved NO
Recent resolutions:
- KXAAAGASWNJ-26SEP14-4.4600: NO (Sep 14, 2026)
- KXAAAGASWNJ-26SEP14-4.4400: NO (Sep 14, 2026)
- KXAAAGASWNJ-26SEP14-4.4200: YES (Sep 14, 2026)
- KXAAAGASWNJ-26SEP14-4.4000: YES (Sep 14, 2026)
- KXAAAGASWNJ-26SEP14-4.3800: YES (Sep 14, 2026)