WASHINGTON - Feb 26/15 - SNS -- The weekly diesel price provides a proxy for trends in U.S. truck rates, according to the USDA.
Diesel fuel is a significant expense for agriculture commodity movements by truck, accounting for 37% of the estimated variable cost.
Retail On-Highway Diesel Prices to Fenruary 23 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.005 0.045 -1.143 New England 3.173 0.089 -1.213 Central Atlantic 3.160 0.076 -1.198 Lower Atlantic 2.853 0.012 -1.094 II Midwest 2.826 0.034 -1.199 III Gulf Coast 2.795 0.012 -1.011 IV Rocky Mountain 2.762 -0.008 -1.188 V West Coast 3.065 0.068 -0.970 less California 2.889 0.072 -1.059 California 3.208 0.066 -0.901 Total U.S. 2.900 0.035 -1.117
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.