WASHINGTON - May 21/15 - 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 May 18 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.007 0.010 -1.020 New England 3.093 0.002 -1.046 Central Atlantic 3.158 0.007 -0.978 Lower Atlantic 2.875 0.015 -1.044 II Midwest 2.791 0.043 -1.110 III Gulf Coast 2.793 0.022 -0.998 IV Rocky Mountain 2.813 0.041 -1.141 V West Coast 3.162 0.023 -0.863 less California 3.033 0.031 -0.890 California 3.268 0.018 -0.842 Total U.S. 2.904 0.026 -1.030
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.