Wednesday, February 1, 2012

California gasoline consumption down 1.8%, diesel up 4.8% in October 2011; gasoline consumption continues downward trend

Gasoline consumption in California declined 1.8% in October 2011 while diesel fuel consumption increased 4.8% according to a report released today by California State Board of Equalization (BOE).

High gas prices appear to be directly affecting fuel consumption in California. We are seeing a trend of Californians consuming less gasoline in the last eight months of 2011. We’ll see what coming months show as California begins to turn the corner and shows signs of economic growth.

—BOE Chairman Jerome E. Horton

California used 1.23 billion gallons of gasoline in October 2011 which is a 1.8% decline from the previous year when 1.26 gallons were used. In California, the average price of gasoline rose 74 cents to $3.89 per gallon in October 2011, a 23% increase compared to $ 3.15 per gallon in October 2010. Nationally, the average price of fuel jumped 66 cents to $3.51 in October 2011, a 23% increase over the October 2010 price per gallon of $2.85.

Diesel fuel consumption in California increased 10.3 million gallons in October to a total of 226 million gallons, which is a 4.8% increase compared to the previous year when 216 million gallons were consumed. The average price of diesel in California rose 85 cents to $4.06 per gallon in October 2011 compared to $3.21 per gallon in October 2010. Nationally, the average price of diesel rose 75 cents to $3.80 per gallon which is a 25% increase compared to $3.05 per gallon in October 2010.

California gasoline and diesel fuel figures are net consumption that includes audit assessments, refunds, amended and late tax returns and the State Controller’s Office refunds. BOE is able to monitor gallons through tax receipts paid by fuel distributors in California. BOE updates the reports at the end of each month.


Source: Green Car Congress