Gasoline consumption fell in October

Californians continued to consume less fuel in October, as gasoline consumption dropped 1.8 percent when compared to the same month in October 2010.

The California Board of Equalization reported that drivers consumed 1.23 billion gallons of gasoline in October.

Consumption fell as pump prices increased. One gallon of regular gasoline cost an average of $3.89 in October. That price signifies a 74 cent year-over-year increase.

Diesel consumption, however, rose in October. Diesel users purchased 226 million gallons of fuel in October. The amount signifies a year-over-year consumption increase of 4.8 percent.
A gallon of diesel fuel cost an average of $4.06 per gallon in October. That amount is 85 cents higher than the average price one year prior.

The Board of Equalization tracks consumption by analyzing gasoline tax receipts.

10 thoughts on “Gasoline consumption fell in October

  1. John — oil as a commodity works on its on set of focers, OPEC, government policies, etc. And I sure can’t figure them out.The UK and Europe definitely control usage through tax, we are more reluctant to do that. Our gasoline tax is mostly a usage tax, as I understand it.When my daughter went to visit her aunt in England she was sent off for the day with a pickled beet sandwich and cucumber sandwich. Something wrong with that.

  2. John — oil as a commodity works on its on set of forces, OPEC, government policies, etc. And I sure can’t figure them out.The UK and Europe definitely control usage through tax, we are more reluctant to do that. Our gasoline tax is mostly a usage tax, as I understand it.When my daughter went to visit her aunt in England she was sent off for the day with a pickled beet sandwich and cucumber sandwich. Something wrong with that.

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  3. The Changeling: I concur 200%! but why bring up the subject of bombs from the get-go!??? especially when you have right here in our backyard in Bed-Stuy nabe (e.g., kids, teens & adults) being killed by stray bullets from illegal hand guns!Bombs are usually somewhere else…in a different part of the world! where peeps from the hood; couldn’t point too on a global map. and to have a so-called Blues (Bombs) benefit in the face of these killings right here; w/out a single word spoken about it…just speaks volumes on how they think about the ppl from the Bed-Stuy.Go figure1?

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  4. I just brought an old gas guzzling vehicle of mine back into service.High gas prices = more oil stock profits = more disposible income for me to buy gas for my old guzzlers.If prices hit $2/L, I’ll probably upgrade to a Hummer. That’s the paradox of high oil prices. Producers need to sell less of their product to purchase (import) the goods and services they need from the ‘outside’ world, hence they tend to consume more energy internally.

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