WASHINGTON - Oct 6/16 - 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 October 3, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.398 0.005 -0.126 New England 2.414 0.016 -0.162 Central Atlantic 2.486 -0.003 -0.145 Lower Atlantic 2.327 0.009 -0.105 II Midwest 2.356 -0.003 -0.133 III Gulf Coast 2.250 0.020 -0.073 IV Rocky Mountain 2.467 0.002 -0.034 V West Coast 2.658 0.018 -0.036 less California 2.524 0.009 -0.036 California 2.766 0.027 -0.037 Total U.S. 2.389 0.007 -0.103
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.