It's time to give an outlook on gasoline prices for this weekend! You should note, however, that since the weekly Department of Energy report will be released tomorrow, and could greatly impact gasoline prices. Check back tomorrow to see how the report came out.
Having said that, prices will remain steady in the U.S., but the Midwest may continue to drop as a major refiner has aggressively sold large amounts of gasoline, I am unsure with who or why, but any reason for lower prices, I'll take! If the DOE report tomorrow in unfavorable, be forewarned that prices in the Midwest may jump ala Speedway.
The Northeast should start seeing a break from higher prices as major refineries in Canada restart after maintenance. This will get product flowing again at a decent enough rate that should push prices there lower.
The Gulf will see prices rise ever so slightly as Ida has impacted (albeit a very small impact) the infrastructure there. The Louisiana Offshore Oil Port was poised to re-open to ship traffic today, which should temper a slight rise in prices by next week. Disruptions were held to a minimum, but still have an influence on prices.
Other areas of the country will likely keep the same trend they've had the last few days, with prices moderating ever so slightly.
This weekend I forecast average prices in the U.S. to drop to $2.63, from their current level of $2.655.