A Drop In Gas Consumption

Sacramento, CA — California’s gasoline consumption declined 1.1 percent while diesel use increased by 3.7 percent in October 2012. That’s according to fuel tax data released by the California State Board of Equalization (BOE).

The BOE’s fuel tax report shows Californians used 1.22 billion gallons of gasoline in October 2012, a 1.1 percent decline from the 1.23 billion gallons consumed during October 2011.

In California, the average price of gasoline in October last year was $4.46 per gallon, a 14.6 percent increase. Nationally, the average price of gasoline in October was $3.81, according to the Energy Information Administration (EIA), an 8.7 percent increase. Right now in Sonora the average price per gallon is $3.75 and in San Andreas it’s $3.95.

The BOE estimates statewide gasoline tax-related revenues for October 2012 are about $165 million in sales taxes and about $440 million in excise taxes in California.