WASHINGTON - May 15/14 - 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 May 12 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 4.041 -0.014 0.176 New England 4.157 -0.024 0.162 Central Atlantic 4.156 -0.020 0.246 Lower Atlantic 3.927 -0.013 0.120 II Midwest 3.921 -0.014 0.012 III Gulf Coast 3.797 -0.016 0.058 IV Rocky Mountain 3.970 -0.008 0.148 V West Coast 4.036 -0.010 0.067 less California 3.928 -0.016 0.045 California 4.126 -0.006 0.084 Total U.S. 3.948 -0.016 0.082
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1Diesel fuel prices include all taxes. Prices represent an average of
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