October 2026 Market Update | Capital Depot
Diesel prices increased during the second half of October, adding pressure to trucking operating expenses. Fuel remained a major cost for owner-operators and fleets across the country.
October Diesel Prices
According to the U.S. Energy Information Administration, the national average diesel price reached $6.352 per gallon on October 26, compared with $6.199 on October 5.
Regional averages on October 26 were:
- East Coast: $6.079
- Midwest: $6.480
- Gulf Coast: $5.951
- Rocky Mountain: $6.521
- West Coast: $7.329
- California: $8.155
Prices are per gallon.
What This Means for Carriers
At $6.352 per gallon, a truck averaging 6.5 miles per gallon spends approximately 98 cents per mile on diesel alone.
Fuel expenses can vary significantly depending on where drivers purchase diesel, making fuel planning an important part of every trip.
Looking Ahead
Carriers should continue monitoring weekly diesel prices, comparing fuel stops, and factoring fuel expenses into their freight rates.
Capital Depot helps approved carriers access funds from eligible invoices to help cover fuel and everyday business expenses.
Source: U.S. Energy Information Administration
Prices reflect the EIA reporting week of October 26, 2026.