WASHINGTON - Feb 25/16 - 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 February 22, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.059 -0.010 -0.946 New England 2.160 -0.023 -1.013 Central Atlantic 2.184 -0.013 -0.976 Lower Atlantic 1.944 -0.003 -0.909 II Midwest 1.921 0.013 -0.905 III Gulf Coast 1.873 0.015 -0.922 IV Rocky Mountain 1.861 -0.005 -0.901 V West Coast 2.181 -0.013 -0.884 less California 2.050 0.007 -0.839 California 2.288 -0.028 -0.920 Total U.S. 1.983 0.003 -0.917
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