WASHINGTON - Dec 31/14 - 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 December 29 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.257 -0.053 -0.686 New England 3.365 -0.060 -0.746 Central Atlantic 3.350 -0.042 -0.666 Lower Atlantic 3.161 -0.062 -0.695 II Midwest 3.206 -0.088 -0.681 III Gulf Coast 3.121 -0.054 -0.668 IV Rocky Mountain 3.239 -0.099 -0.650 V West Coast 3.269 -0.061 -0.756 less California 3.155 -0.073 -0.775 California 3.364 -0.051 -0.740 Total U.S. 3.213 -0.068 -0.690
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.