State Board of Equalization

News Release

Chairman Jerome E. Horton

4th District - Los Angeles

Cynthia Bridges Executive Director www.boe.ca.gov

NR 13-14-H

For Immediate Release

Contact:

Jaime Garza

January 30, 2014

1-916-327-8988

BOE Gasoline and Diesel Fuel Tax Data Released for Third Quarter 2013

Sacramento - California's 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 California State Board of Equalization (BOE) Chairman Jerome E. Horton.

"Even though gasoline consumption is affected by many factors, the slight increase in gasoline consumption we've seen in last year's third quarter is consistent with the economic growth we have been experiencing in California and a hopeful sign for the New Year," said Chairman Horton.
The BOE's 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 BOE's state taxable diesel gallons report shows California's 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 more in-depth analysis of California gasoline consumption trends, see the BOE Economic Perspective . For the most recent figures from BOE, visit Fuel Taxes Statistics and Reports: www.boe.ca.gov/sptaxprog/spftrpts.htm.

Editor's Note: The charts below compare year-over-year quarterly gasoline and diesel consumption.

State Board of Equalization • 450 N Street, Sacramento, CA 95814 • 1-800-400-7115

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2.0%

Year over Year Quarterly Gasoline Consumption Comparisons

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Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

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Elected in 2010, Chairman Jerome E. Horton is the Fourth District Member of the California State Board of Equalization, representing more than 8.5 million residents in Los Angeles County. He is also the Board of Equalization's Legislative Committee Chairman. He is the first to serve on the Board of Equalization with over 21 years of experience at the BOE. Horton previously served as an Assembly Member of the California State Assembly from 2000-2006.

The five-member California State Board of Equalization is a publicly elected tax board. The Board of Equalization collects $56 billion annually in taxes and fees supporting state and local government services. It hears business tax appeals, acts as the appellate body for franchise and personal income tax appeals, and serves a significant role in the assessment and administration of property taxes. For more information on other taxes and fees in California, visit www.taxes.ca.gov.

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