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The report showed that demand for gasoline increased 1.8 percent compared to last year.
“California gasoline consumption and prices have been unusually stable for most of 2010,” said BOE Chairwoman Betty T. Yee. “Consumption for the first eight months of this year compared to last year shows very little fluctuation.”
In August 2010, gasoline demand rose 1.8 percent when Californians used 1.29 billion gallons of gasoline compared to 1.27 billion gallons the same month last year.
The average California gasoline price at the pump in August 2010 was $3.19 per gallon compared to $3.06 in August 2009, a 4.2-percent increase.
Diesel fuel sold in California during August 2010 totaled 205 million gallons compared to last year’s August 2009 total of 194 million gallons, which is an increase of 5.8 percent.
California diesel prices were $3.16 per gallon in August 2010 up 10.9 percent compared to August 2009 when the average diesel price was $2.85 per gallon.
However, while the diesel gallons reflected in the August 2010 numbers are up 11.2 million gallons, indicating an increase of 5.8 percent, the consumption change from last August is likely to be less because the August 2009 figures include a 19.3 million gallon non-recurring credit.
The gallons included in the monthly consumption numbers are always net of audit assessments and refunds. The August 2009 credits were larger than most and may have skewed the August 2010 percentage change to a 5.8 percent increase from an actual decline of 3.8 percent.
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 September 2010 are scheduled to be available at the end of December 2010. All monthly, quarterly, and annual figures can be viewed at: www.boe.ca.gov/sptaxprog/spftrpts.htm.
