WASHINGTON - August 29/19 - 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 August 26, 2019 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.003 -0.016 -0.216 New England 3.031 -0.017 -0.236 Central Atlantic 3.186 -0.013 -0.199 Lower Atlantic 2.874 -0.018 -0.220 II Midwest 2.890 -0.010 -0.263 III Gulf Coast 2.744 -0.007 -0.260 IV Rocky Mountain 2.936 -0.003 -0.428 V West Coast 3.556 -0.008 -0.163 less California 3.139 -0.019 -0.294 California 3.887 0.000 -0.058Total U.S. 2.983 -0.011 -0.243
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.