WASHINGTON - August 15/19 - 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 12, 2019 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 3.034 -0.021 -0.185 New England 3.073 -0.034 -0.192 Central Atlantic 3.215 -0.018 -0.172 Lower Atlantic 2.904 -0.019 -0.187 II Midwest 2.924 -0.018 -0.215 III Gulf Coast 2.763 -0.024 -0.227 IV Rocky Mountain 2.940 -0.025 -0.418 V West Coast 3.580 -0.025 -0.134 less California 3.164 -0.018 -0.261 California 3.909 -0.031 -0.033 Total U.S. 3.011 -0.021 -0.206
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