WASHINGTON - Nov 9/17 - 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 November 6, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.848 0.037 0.374 New England 2.812 0.042 0.310 Central Atlantic 2.975 0.037 0.391 Lower Atlantic 2.764 0.035 0.380 II Midwest 2.861 0.051 0.436 III Gulf Coast 2.668 0.029 0.328 IV Rocky Mountain 2.965 0.022 0.433 V West Coast 3.332 0.221 0.566 less California 3.075 0.055 0.402 California 3.541 0.356 0.701 Total U.S. 2.882 0.063 0.412
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.