WASHINGTON - Aug 17/17 - 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 August 14, 2017 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.624 0.011 0.310 New England 2.625 0.007 0.257 Central Atlantic 2.761 0.010 0.355 Lower Atlantic 2.527 0.013 0.294 II Midwest 2.543 0.027 0.297 III Gulf Coast 2.410 0.000 0.231 IV Rocky Mountain 2.700 0.027 0.306 V West Coast 2.848 0.029 0.294 less California 2.788 0.041 0.347 California 2.930 0.019 0.253 Total U.S. 2.598 0.017 0.288
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