WASHINGTON - Nov 23/16 - 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 November 21, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.442 -0.011 -0.027 New England 2.471 -0.011 -0.053 Central Atlantic 2.549 -0.015 -0.036 Lower Atlantic 2.355 -0.008 -0.015 II Midwest 2.356 -0.031 -0.085 III Gulf Coast 2.296 -0.020 0.016 IV Rocky Mountain 2.455 -0.037 -0.019 V West Coast 2.730 -0.027 0.077 less California 2.637 -0.020 0.082 California 2.804 -0.033 0.071 Total U.S. 2.421 -0.022 -0.024
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.