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February 25, 2014 > Gasoline and diesel fuel tax data Released for Third Quarter 2013

Gasoline and diesel fuel tax data Released for Third Quarter 2013

Submitted By Brian Miller

CaliforniaÕs gasoline consumption increased 0.9 percent, while diesel consumption increased 4.0 percent in the third quarter of 2013, according to fuel tax data released by Betty T. Yee, First District Member of the California State Board of Equalization (BOE).

ÒAlthough the third quarter saw a small increase in consumption, long term trends show a continuing, modest decline in gasoline consumption.Ó

The BOEÕs state taxable gasoline gallons report reveals Californians consumed 3.71 billion gallons of gasoline in the third quarter, a 0.9 percent increase from 3.68 billion gallons used in the third quarter of last year. The average price of gasoline was $3.99 per gallon in California during the third quarter, which is a six cent decrease from the average price of $4.05 per gallon in the third quarter of 2012. Nationally the average price of gasoline in the third quarter was $3.64, according to the Energy Information Administration. The BOE estimates statewide gasoline tax-related revenues for the third quarter of 2013 are $422 million in sales taxes and $1.5 billion in excise taxes.

The BOEÕs state taxable diesel gallons report shows CaliforniaÕs diesel fuel consumption increased 4.0 percent in the third quarter to 705 million gallons, compared to 678 million gallons during the third quarter of last year. In California, the average price of diesel fuel in the third quarter was $4.06 per gallon, which is a 14 cent decrease from the average price of $4.20 in the third quarter of 2012, while the nationwide average price of diesel fuel was $3.87. The BOE estimates statewide diesel fuel tax-related revenues for the third quarter of 2013 are $251 million in sales taxes and $82 million in excise tax.

For the most recent figures from BOE, visit Fuel Taxes Statistics and Reports: www.boe.ca.gov/sptaxprog/spftrpts.htm.

The five-member California State Board of Equalization (BOE) is a publicly elected tax board. For more information on other taxes and fees in California, visit www.taxes.ca.gov.

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