Monday, 17 June 2024

California gasoline consumption fell 2.7 percent in March, diesel dropped 6.9 percent

The California State Board of Equalization (BOE) has announced that state gasoline and diesel consumption figures for the first quarter of 2011 and for March.


In California, gasoline consumption declined 2.7 percent in March and declined 0.1 percent in the first quarter. Diesel fuel consumption declined 6.9 percent in March and declined 5.3 percent in the first quarter.


“It appears that higher gasoline prices, which averaged $4 a gallon in March, had an impact on consumer behavior causing the decline in consumption,” said First District Board Member Betty T. Yee.


In March, gasoline consumption decreased 2.7 percent to 1.24 billion gallons of gasoline compared to 1.27 billion gallons of gasoline in March last year.


In California, the average price of a gallon of gasoline rose 90 cents to $4 in March, a 29 percent increase compared to the average price of $3.10 per gallon of gasoline last year in March.


Nationally, the average price of a gallon of gasoline was up 79 cents to $3.62 per gallon in March, a 28 percent increase over the average price of a gallon of gasoline of $2.82 in March last year.


Gasoline consumption in the first quarter declined 0.1 percent with a total of 3.57 billion gallons of gasoline compared to 3.58 billion gallons of gasoline in the first quarter last year.


In California, the average price of gasoline per gallon rose 60 cents to $3.66 in the first quarter, a 20 percent increase over last year’s average price of $3.05 per gallon in the first quarter.


Nationally, the average price of gasoline rose 58 cents to $3.34 in the first quarter, a 21 percent increase over last year’s average price of $2.76 per gallon of gasoline in the first quarter.


In March, diesel consumption totaled 218.7 million gallons, a decrease of 6.9 percent compared to the total of 234.9 million gallons of diesel in March last year.


In California, the average price of a gallon of diesel fuel was up $1.13 to $4.19 per gallon in March, a 37 percent increase over the average price of a gallon of diesel of $3.06 last March.


Nationally, the average price of a gallon of diesel was up 99 cents to $3.91 in March, a 34 percent increase over the average price of a gallon of diesel of $2.92 last March.


Diesel consumption in the first quarter decreased 5.3 percent to 586 million gallons compared to 619 million gallons in the first quarter last year.


In California, the average price of diesel fuel in the first quarter rose 85 cents to $3.85, a 28 percent increase compared to $3.00 price per gallon of diesel last year in the first quarter.


Nationally, the average price of diesel fuel in the first quarter was $3.63, a 27 percent increase over the last year’s first quarter average price of $2.85 per gallon of diesel.


In March, diesel consumption would have been higher were it not for the impact of an unusually large refund related to audits.


Gasoline and diesel fuel figures are net consumption that includes the State Board of Equalization’s audit assessments, refunds, amended and late tax returns and the State Controller’s Office refunds.


The State Board of Equalization is able to monitor gallons through tax receipts paid by fuel distributors in California. Figures for April are scheduled to be available at the end of July.


To see all monthly, quarterly and annual reports, visit www.boe.ca.gov/sptaxprog/spftrpts.htm.

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