WASHINGTON - Nov 26/14 - 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 November 24 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.520 -0.022 -0.350 New England 3.605 -0.028 -0.398 Central Atlantic 3.598 -0.014 -0.321 Lower Atlantic 3.441 -0.028 -0.367 II Midwest 3.743 -0.043 -0.086 III Gulf Coast 3.511 -0.031 -0.242 IV Rocky Mountain 3.740 -0.027 -0.097 V West Coast 3.721 -0.041 -0.233 less California 3.682 -0.038 -0.190 California 3.753 -0.044 -0.270 Total U.S. 3.628 -0.033 -0.216
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.