Oil Report

California's gasoline consumption drops again

SAN FRANCISCO, Jan 1 (Reuters) - California’s consumption of gasoline was 2.6 percent lower this September than it was a year ago, according to new state government figures.

The three-month period ending in September was also the sixth consecutive quarter in which Californians consumed less gasoline than in the previous year.

Buyers purchased 1,273,297,034 gallons of gasoline in September, according to the state Board of Equalization, which collects gasoline taxes and fees.

The average California pump price for gasoline in the third quarter of 2007 was $3.02, down from the 2006 third-quarter average of $3.14.

Figures for the state’s October 2007 gasoline consumption are expected to be available near the end of January. (Reporting by Amanda Beck; Editing by Jan Paschal)