California gasoline consumption decreased 2.3% and diesel consumption declined 3.2% in November 2009 compared to the same month in 2008, according to figures released by Betty T. Yee, Chairwoman of the Board of Equalization (BOE).
January through November 2009, California gasoline consumption declined 1.4% compared to January through November of 2008.
Gasoline consumption declined 2.3 percent in November 2009 when Californians used 1.170 billion gallons of gasoline compared to 1.198 billion gallons in November 2008. The average price at the pump for gasoline in California during November 2009 was $3.01 per gallon compared to $2.51 in November 2008, a 19.9% increase. Prices were extremely low in late 2008, reflecting the burst of a crude oil price bubble that developed earlier in the year.
Diesel consumption in California declined by 3.2% in November 2009 when Californians used 198 million gallons compared to 204 million gallons in November 2008. Diesel prices in California were $2.96 per gallon in November 2009, up 4.6% compared to November 2008 when the average diesel price was $2.83 per gallon. The decline in diesel consumption continues to follow the economy’s activity in California.
The BOE is able to monitor gallons through tax receipts paid by fuel distributors. Figures for December 2009 are scheduled to be available at the end of March 2010.