WASHINGTON - Mar 9/18 - 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 26, 2018 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.046 -0.011 0.413 New England 3.126 -0.001 0.480 Central Atlantic 3.240 -0.015 0.460 Lower Atlantic 2.894 -0.012 0.369 II Midwest 2.920 -0.027 0.418 III Gulf Coast 2.793 -0.004 0.364 IV Rocky Mountain 2.910 -0.026 0.285 V West Coast 3.392 -0.005 0.515 less California 3.064 0.000 0.285 California 3.652 -0.008 0.696 Total U.S. 2.992 -0.015 0.413
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.