Forecasters Expect Gas to Rise Above $3.40 This Month: March 6, 2026

The Iran war and the associated energy supply disruptions have forecasters expecting that pain at the pump will exceed $3.40 a gallon in the middle of the month. Indeed, there’s a 58% chance of exceeding that threshold by the time the March 24 report is published. Unfortunately for consumers, costs have risen consistently since the year-to-date low of $2.78 occurring during the week culminating on Monday, Jan. 12, reaching $3.01 in last Tuesday’s print on March 2. So far, it marked the seventh consecutive week of increases and investors are anticipating more on the way with West Texas Intermediate crude north of $90 per barrel on Friday.

Past performance is not indicative of future results.

Source for images: ForecastEx

Note: Prices are highest bids as of the morning of March. 6, 2026. Time until market close is also as of March 6, 2026.

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Futures, event contracts and forecast contracts are not suitable for all investors. Before trading these products, please read the Forecast Contract Risk Disclosure. Displayed outcomes and prices are based on real-time market sentiment from ForecastEx LLC, an affiliate of Interactive Brokers Group. Interactive Brokers Ireland Limited does not make recommendations with respect to any products available on its platform, including those offered by ForecastEx.

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