WASHINGTON - Feb 5/15 - 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 Fenruary 2 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.932 -2.967 -1.138 New England 3.028 -3.018 -1.277 Central Atlantic 3.041 -3.078 -1.240 Lower Atlantic 2.826 -2.870 -1.042 II Midwest 2.765 -2.804 -1.177 III Gulf Coast 2.769 -2.786 -1.006 IV Rocky Mountain 2.783 -2.812 -1.077 V West Coast 2.886 -2.942 -1.108 less California 2.716 -2.763 -1.186 California 3.027 -3.090 -1.045 Total U.S. 2.831 -2.866 -1.120
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