WASHINGTON - August 1/19 - 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 July 29, 2019 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.059 -0.013 -0.164 New England 3.106 -0.016 -0.168 Central Atlantic 3.246 -0.013 -0.144 Lower Atlantic 2.924 -0.013 -0.172 II Midwest 2.940 -0.008 -0.216 III Gulf Coast 2.793 -0.011 -0.204 IV Rocky Mountain 2.967 -0.011 -0.394 V West Coast 3.606 -0.005 -0.114 less California 3.186 -0.012 -0.251 California 3.940 0.001 -0.005Total U.S. 3.034 -0.010 -0.192
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