WASHINGTON - Dec 14/17 - 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 December 11, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.901 -0.003 0.381 New England 2.900 0.003 0.353 Central Atlantic 3.060 -0.002 0.427 Lower Atlantic 2.788 -0.006 0.359 II Midwest 2.863 -0.014 0.417 III Gulf Coast 2.705 -0.008 0.334 IV Rocky Mountain 2.991 -0.028 0.544 V West Coast 3.344 -0.029 0.572 less California 3.072 -0.034 0.382 California 3.560 -0.025 0.723 Total U.S. 2.910 -0.012 0.417
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.