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Gas consumption down in November

Fuel prices still on the rise during recession, but remain fairly stable

Posted: March 1, 2010 11:39 p.m.
Updated: March 2, 2010 4:55 a.m.
 

Gas consumption was down 2.3 percent over last year in November, perhaps underscoring the fact that gas prices continued to rise despite the ongoing recession, officials said Monday.

Californians used 1.17 billion gallons of gasoline during the month of November, the most recent month for which data is available, according to a California State Board of Equalization statement released Monday. That’s down 28 million gallons from the prior November, the report stated.

Gasoline prices still hovered around $2.50 a gallon in November 2008, AAA spokeswoman Marie Montgomery said.

The board of equalization reported that the average price at the pump for gasoline in California in November was $3.01 per gallon — an almost 20 percent increase.

The board of equalization monitors gallons sold through tax receipts paid by fuel distributors.

Montgomery noted that since August, gas prices have stayed within a 40-cent range, roughly from $2.80 to $3.20 per gallon, one of the most stable in recent memory.

neverett@the-signal.com

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