California gasoline consumption rose 2.6%, diesel 4.9% in November 2010
03 March 2011
California gasoline consumption increased 2.6% in November 2010, and diesel fuel consumption increased 4.9%, compared with November 2009, according to figures released by Jerome E. Horton, Chairman of the California State Board of Equalization (BOE).
In November 2010, gasoline demand rose 2.6% when Californians used 1.20 billion gallons of gasoline compared to 1.17 billion gallons in November 2009. The average California gasoline price at the pump in November 2010 was $3.20 per gallon compared to $3.01 in November 2009, a 6.3% increase. National average gas prices in November 2010 was $2.91 per gallon compared to gas prices of $2.71 a year earlier.
Diesel fuel sold in California during November 2010 totaled 207 million gallons compared to November 2009’s total of 198 million gallons, which is an increase of 4.9%. California diesel prices were $3.30 per gallon in November 2010 an increase of 11.5 percent compared to November 2009 when the average diesel price was $2.96 per gallon. The national average price for diesel fuel in November 2010 was $3.14 per gallon compared to $2.80 a year earlier.
The BOE is able to monitor gallons through tax receipts paid by fuel distributors. The figures reported monthly are net consumption that includes BOE audit assessments, refunds, amended and late tax returns, and State Controller’s Office refunds. Figures for December 2010 are scheduled to be available at the end of March 2011.
Good news for the CA economy, which has been hurting more than most--more driving reflects more economic activity.
Posted by: Nick Lyons | 03 March 2011 at 11:50 AM
Price up 11.5% and consumption up by 4.9% during the same month. It seems that price alone those not affect consumption. What does?
Posted by: HarveyD | 04 March 2011 at 05:01 PM