Looking back at past Wednesdays, I think this is the easiest weekend forecast to make in quite some time. Prices are definitely trending higher again, with wholesale prices up some 6-cents compared to last week.

Gasoline prices will slowly rise this weekend just about everywhere. Prices have already risen as much as 30-cents per gallon in the Midwest, with Michigan, Illinois, Ohio, Indiana, and Kentucky all showing higher prices overnight.



By next Monday, the U.S. average will rise to $2.698 while prices in Canada will remain relatively stable near 101c/L.

However, there will be exceptions. Prices in California may fall a small amount as wholesale prices for California blended fuel fall below levels seen earlier this week.

Coupled with the Department of Energy report this morning that is expected to contain some news of inventory draws due to Ida, prices may continue to rise, just in time for Thanksgiving travelers.