7 CFR §1007.83
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The market administrator shall compute the mileage rate each month as follows:
- (1)Compute the simple average rounded to three decimal places for the most recent 4 weeks of the Diesel Price per Gallon as reported by the Energy Information Administration of the United States Department of Energy for the Lower Atlantic and Gulf Coast Districts combined.
- (2)From the result in paragraph (a)(1) of this section subtract $2.26 per gallon;
- (3)Divide the result in paragraph (a)(2) of this section by 6.2, and round down to three decimal places to compute the fuel cost adjustment factor;
- (4)Add the result in paragraph (a)(3) of this section to $3.67;
- (5)Divide the result in paragraph (a)(4) of this section by 497;
- (6)Round the result in paragraph (a)(5) of this section down to five decimal places to compute the mileage rate.
- (b)The market administrator shall announce publicly on or before the 23rd day of the month (except as provided in § 1000.90 of this chapter) the mileage rate pursuant to paragraph (a) of this section for the following month.