Fuel Rack Index - FRIX™
Release Date: November 2, 2026   |   Next Release Date: November 9, 2026

FRIX™ (U.S. Diesel Price in dollars per gallon)

Effective for shipments 11/2/26 – 11/8/26 · based on the average of daily settlements 10/26/26–10/30/26

This week $5.540
Week ago $5.584
Change -0.044
Fuel surcharge 26¢ / mile
Effective week of 10/19/2610/26/2611/2/26 Change from
week ago
FRIX™ 5.6515.5845.540 -0.044
Surcharge (¢/mi) 272626 —

Why FRIX™

  • What trucks actually pay. Most surcharges are tied to a retail pump survey taken one morning a week. Carriers buy fuel at wholesale rack prices that move every day, so the old benchmark can drift from real costs.
  • A full week, not one day. FRIX™ averages every trading day, Monday through Friday. One unusual morning can't swing a whole week's surcharge.
  • Ready to bill right away. Each value is posted Monday at 12:01 a.m. and labeled for the week it applies to. Carriers can bill on the ship date without waiting.

FRIX™ trend (weekly average, $/gal)

$4.40$4.85$5.30$5.75$6.20 8/3/268/17/268/31/269/14/269/28/2610/12/2611/2/26

Daily FRIX™ this week

Dollars per gallon · incomplete days shown as n/a

Trading dayFRIX™
Mon 10/265.596
Tue 10/275.517
Wed 10/285.544
Thu 10/295.496
Fri 10/305.547

About this release

  • FRIX™ is a business information service that tracks the national wholesale diesel costs behind what carriers pay at major truck stop chains.
  • Prices are shown in dollars per gallon. The weekly average is rounded to the nearest cent before the fuel-surcharge band is applied.
  • The fuel surcharge is expressed in cents per mile. Below $3.00/gal there is no surcharge. From $3.00–$3.10 the rate is 1¢/mi, then +1¢/mi for each additional 10¢ band. An exact band edge uses the lower band.
  • This page is updated every Monday at 12:01 a.m. ET. Each value is labeled by the week it applies to, so shipments that week can be billed right away. Component contracts, weights, and the underlying formula are proprietary and are not published.

Weekly history

Most recent weeks · dollars per gallon and cents per mile

Effective week of FRIX™ Surcharge (¢/mi)
11/2/265.54026
10/26/265.58426
10/19/265.65127
10/12/265.44925
10/5/265.51726
9/28/265.63127
9/21/265.86929
9/14/265.72928
9/7/265.38124
8/31/265.02521
8/24/265.14522
8/17/264.98720
8/10/264.60917
8/3/264.78418

FRIX™ Fuel Surcharge Table

Apply to the weekly FRIX™ average after rounding to the nearest cent. Current band highlighted for this week's 26¢/mi rate.

Show full cents-per-mile table ($3.00 through $8.00)
FRIX™ ($/gal)Surcharge
Below $3.00none
$3.00 – $3.101¢
$3.11 – $3.202¢
$3.21 – $3.303¢
$3.31 – $3.404¢
$3.41 – $3.505¢
$3.51 – $3.606¢
$3.61 – $3.707¢
$3.71 – $3.808¢
$3.81 – $3.909¢
$3.91 – $4.0010¢
$4.01 – $4.1011¢
$4.11 – $4.2012¢
$4.21 – $4.3013¢
$4.31 – $4.4014¢
$4.41 – $4.5015¢
$4.51 – $4.6016¢
$4.61 – $4.7017¢
$4.71 – $4.8018¢
$4.81 – $4.9019¢
$4.91 – $5.0020¢
$5.01 – $5.1021¢
$5.11 – $5.2022¢
$5.21 – $5.3023¢
$5.31 – $5.4024¢
$5.41 – $5.5025¢
$5.51 – $5.6026¢
$5.61 – $5.7027¢
$5.71 – $5.8028¢
$5.81 – $5.9029¢
$5.91 – $6.0030¢
$6.01 – $6.1031¢
$6.11 – $6.2032¢
$6.21 – $6.3033¢
$6.31 – $6.4034¢
$6.41 – $6.5035¢
$6.51 – $6.6036¢
$6.61 – $6.7037¢
$6.71 – $6.8038¢
$6.81 – $6.9039¢
$6.91 – $7.0040¢
$7.01 – $7.1041¢
$7.11 – $7.2042¢
$7.21 – $7.3043¢
$7.31 – $7.4044¢
$7.41 – $7.5045¢
$7.51 – $7.6046¢
$7.61 – $7.7047¢
$7.71 – $7.8048¢
$7.81 – $7.9049¢
$7.91 – $8.0050¢

Discovery

Plain-language background · sources checked October 19, 2026

Every gallon of on-highway diesel carries four layers of cost: the crude oil it is made from, the refinery that turns it into fuel, the trip from refinery to pump, and taxes. Here is how each piece works, and why the price on a fuel island in one state can be well above the price a few hundred miles away.

What's in a gallon of diesel

43.6%Crude oil
21.0%Distribution & marketing
19.2%Refining costs & profits
16.2%Federal & state taxes

Share of the 2025 average U.S. retail on-highway diesel price ($3.66/gal). The mix shifts month to month; from March to May 2026, as the retail price rose from about $4.92 to $5.60, refining's share ran roughly 25–34%. Data: U.S. Energy Information Administration, Diesel prices and outlook and diesel pump components history.

1. Crude oil

Crude is the biggest single cost, averaging about half of the retail diesel price since 2004. It is priced on a world market, so global supply decisions, inventories, and economic growth all move it. A refinery gets roughly 11–12 gallons of diesel from each 42-gallon barrel.

2. Refining margins

The refining share is what's left between the crude cost and the wholesale fuel price. It widens when diesel is scarce, for example during refinery outages, low inventories, or strong export demand, and narrows when supply is plentiful. Heating-oil demand in fall and winter competes for the same distillate barrels.

3. Distribution & marketing

Fuel moves by pipeline, barge, rail, and truck to terminals, then by tank truck to stations. This layer covers freight, terminal and station operating costs, and retailer margins. High-volume truck stops usually price below small stations.

4. Taxes

The federal tax on on-highway diesel is 24.4¢ per gallon: a 24.3¢ excise tax plus a 0.1¢ Leaking Underground Storage Tank fee. State taxes and fees vary widely and averaged about 36¢ per gallon as of January 2026. Local and sales taxes can add more.

Why prices differ by region

For fuel statistics the country is split into five Petroleum Administration for Defense Districts (PADDs): East Coast (1), Midwest (2), Gulf Coast (3), Rocky Mountain (4), and West Coast (5). PADD 3 produces about half of U.S. diesel, so places farther from that refining hub tend to pay more for transportation. The West Coast, and California in particular, is usually the most expensive. Its market is not well connected to the rest of the country's pipeline network and relies mostly on in-region refineries, so an outage there is hard to make up for. California also requires its own cleaner-burning diesel, set by the California Air Resources Board with limits on aromatics and sulfur, and taxes it more heavily.

Rack price vs. retail price

1
Wholesale market
Refiners and traders buy and sell bulk fuel. Exchange-traded futures and spot assessments set daily benchmark prices.
2
Rack (terminal)
Truckload sales where ownership changes hands at a terminal loading rack, usually priced off those wholesale benchmarks plus a terminal differential.
3
Retail pump
The rack price plus delivery, taxes, station costs, and retailer margin. Retail prices often lag moves in wholesale prices.

A rack-based index like FRIX™ follows the wholesale end of this chain, so it reacts to market changes faster than surveys of pump prices.

How futures and wholesale markets work

A futures contract is an agreement to buy or sell a set amount of fuel at a set price for delivery in a future month. Refiners, distributors, fleets, and traders use these contracts to hedge price risk, and the exchange publishes a daily settlement price for each contract. Many physical wholesale deals are priced as a differential to a futures benchmark ("benchmark plus or minus a few cents"), so moves in futures pass through to rack prices within days.

Why trucking uses fuel surcharges

Fuel is one of a carrier's largest operating costs, and it can swing by dollars per gallon within months. Freight rates are often set weeks or months ahead. A fuel surcharge separates fuel from the base rate: when the published index rises above an agreed base (here, $3.00/gal), the surcharge per mile rises on a fixed schedule, and it falls again when prices come down. Shippers get a transparent formula, and carriers aren't stuck absorbing price spikes.

Sources & further reading

Educational content only, not investment, tax, legal, or trading advice. Tax rates and cost shares are as published by the sources above on the date checked and may change.

Media inquiries

Press contact

info@fuelrackindex.com

Citing FRIX™

FRIX™ values may be quoted or charted with attribution:

Source: Fuel Rack Index - FRIX™

Please include the effective week of the value you cite.

Release schedule

One release per week, every Monday at 12:01 a.m. ET, including holidays. Each release is effective for shipments that week and based on the prior Monday–Friday trading week.