Benchmarks that track Fuel Price

Choose either of these trusted industry benchmarks for effective Price Protection. Both benchmarks accurately track fuel price movement and should generate similar savings. These two benchmarks are called NYMEX and NARP.  NYMEX is an abbreviation for New York Mercantile Exchange.  NARP is an abbreviation for US National Average Retail Price.

This chart shows how NYMEX and National Average Retail Price (NARP) move up and down in lockstep. The essential difference between these benchmarks is tax which is a fixed amount.

FusionCharts
 
 

NATIONAL AVERAGE RETAIL PRICE

The National Average Retail Price (NARP) includes federal, state, and county taxes. You are protected against future increases in the monthly NARP (except for changes to taxes) above your contracted price. Published weekly by the U.S. Dept. of Energy.

NARP »

 
 

NYMEX INDEX (recommended)

The NYMEX Price Index is the core moving part of volatile fuel prices and excludes taxes. It is transparent and highly regulated. You are protected against future increases in the NYMEX Price Index above your contracted price. Applies to U.S. and Canadian markets. Published daily by the New York Mercantile Exchange.

NYMEX »

 
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