[ California picture montage ]

Estimated 2002 Gasoline Price Breakdown & Margins Details


NOTES

  1. Distribution Costs, Marketing Costs and Profits includes costs associated with the distribution from terminals to stations and retailing of gasoline, including but not limited to: franchise fees, and/or rents, wages, utilities, supplies, equipment maintenance, environmental fees, licenses, permitting fees, credit card fees, insurance, depreciation, advertising and profit. This component normally lags changes in the wholesale price of gasoline. This component includes the revenues to dealers, wholesale marketers, jobbers, retail and marketing divisions of integrated oil companies. The distribution costs, marketing costs and profits (not a dealer margin calculation) displayed in the table below are not representative of dealers who purchase their gasoline at prices similar to Dealer Tank Wagon (DTW). The component is calculated as the difference between the average retail price of gasoline from the U.S. Depart of Energy's Energy Information Administration's (EIA) weekly survey less taxes, crude oil costs and refinery margin.

  2. Refinery Cost and Profits includes all non-crude oil costs associated with refining and terminal operation, crude oil processing, oxygenate additives, product shipment and storage, oil spill fees, depreciation, purchases of gasoline to cover refinery shortages, brand advertising and profits. The component is calculated as the difference between the Oil Price Information Service (OPIS) average rack price of gasoline and crude oil cost.

  3. Crude Oil Cost is the Alaska North Slope (ANS) crude oil price per gallon. In order to report in a timely manner, this value is used as a proxy for California composite refinery acquisition cost.

  4. Estimated Components of Branded Gasoline are calculated using the average statewide OPIS branded rack price. Most branded franchisees purchase gasoline at a delivered price called the Dealer Tank Wagon (DTW) that is typically higher than the branded rack price.

  5. Estimated Components of Unbranded Gasoline are calculated using the average statewide OPIS unbranded rack price.

  6. Values reported by the Energy Commission are not directly comparable to EIA-reported margins because of differences in definitions and methodologies.

  7. Retail price is the statewide retail price of gasoline from EIA's weekly survey.



November and December 2002

Branded
  Nov. 4, 2002 Nov. 11, 2002 Nov. 18, 2002 Nov. 25, 2002 Dec. 2, 2002 Dec. 9, 2002 Dec. 16, 2002 Dec. 23, 2002 Dec. 30, 2002
Dealers Cost & Profit Margin (1) -$0.01 $0.02 $0.04 $0.08 $0.13 $0.15 $0.10 $0.09 $0.06
Crude Oil Cost $0.60 $0.58 $0.60 $0.61 $0.61 $0.61 $0.68 $0.73 $0.72
Refinery Cost & Profit Margin (2) $0.49 $0.51 $0.47 $0.40 $0.34 $0.30 $0.26 $0.23 $0.28
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.11 $0.11 $0.11 $0.11
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.56 $1.59 $1.59 $1.57 $1.56 $1.54 $1.53 $1.52 $1.53
 
Unbranded
Nov. 4, 2002 Nov. 11, 2002 Nov. 18, 2002 Nov. 25, 2002 Dec. 2, 2002 Dec. 9, 2002 Dec. 16, 2002 Dec. 23, 2002 Dec. 30, 2002
Dealers Cost & Profit Margin (1) $0.09 $0.18 $0.24 $0.25 $0.29 $0.30 $0.18 $0.14 $0.09
Crude Oil Cost $0.60 $0.58 $0.60 $0.61 $0.61 $0.61 $0.68 $0.73 $0.72
Refinery Cost & Profit Margin (2) $0.39 $0.35 $0.27 $0.24 $0.18 $0.15 $0.19 $0.18 $0.25
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.11 $0.11 $0.11 $0.11
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.56 $1.59 $01.59 $1.57 $1.56 $1.54 $1.53 $1.52 $1.53

September and October 2002

Branded
  Sep. 2, 2002 Sep. 9, 2002 Sep. 16, 2002 Sep. 23, 2002 Sep. 30, 2002 Oct. 7, 2002 Oct. 14, 2002 Oct. 21, 2002 Oct. 28, 2002
Dealers Cost & Profit Margin (1) $0.03 $0.01 $0.00 $0.00 -$0.01 -$0.02 -$0.03 -$0.04 -$0.05
Crude Oil Cost $0.64 $0.69 $0.68 $0.71 $0.70 $0.68 $0.68 $0.64 $0.61
Refinery Cost & Profit Margin (2) $0.45 $0.42 $0.42 $0.39 $0.39 $0.40 $0.41 $0.45 $0.49
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.11 $0.11 $0.11 $0.11
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.60 $1.59 $1.58 $1.57 $1.56 $1.55 $1.53 $1.52 $1.52
 
Unbranded
Sep. 2, 2002 Sep. 9, 2002 Sep. 16, 2002 Sep. 23, 2002 Sep. 30, 2002 Oct. 7, 2002 Oct. 14, 2002 Oct. 21, 2002 Oct. 28, 2002
Dealers Cost & Profit Margin (1) $0.18 $0.16 $0.18 $0.19 $0.19 $0.18 $0.16 $0.15 $0.09
Crude Oil Cost $0.64 $0.69 $0.68 $0.71 $0.70 $0.68 $0.68 $0.64 $0.61
Refinery Cost & Profit Margin (2) $0.30 $0.27 $0.24 $0.19 $0.19 $0.21 $0.22 $0.26 $0.35
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.11 $0.11 $0.11 $0.11
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.60 $1.59 $1.58 $1.57 $1.56 $1.55 $1.53 $1.52 $1.52

July and August 2002

Branded
  July 1, 2002 July 8, 2002 July 15, 2002 July 22, 2002 July 29, 2002 August 5, 2002 August 12, 2002 August 19, 2002 August 26, 2002
Dealers Cost & Profit Margin (1) $0.08 $0.07 $0.07 $0.06 $0.04 $0.06 $0.04 $0.02 $0.04
Crude Oil Cost $0.61 $0.60 $0.62 $0.61 $0.61 $0.61 $0.64 $0.69 $0.67
Refinery Cost & Profit Margin (2) $0.44 $0.46 $0.43 $0.44 $0.45 $0.45 $0.43 $0.39 $0.40
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.62 $1.61 $1.60 $1.59 $1.58 $1.59 $1.59 $1.58 $1.59
 
Unbranded
July 1, 2002 July 8, 2002 July 15, 2002 July 22, 2002 July 29, 2002 August 5, 2002 August 12, 2002 August 19, 2002 August 26, 2002
Dealers Cost & Profit Margin (1) $0.20 $0.22 $0.22 $0.23 $0.18 $0.20 $0.18 $0.15 $0.20
Crude Oil Cost $0.61 $0.60 $0.62 $0.61 $0.61 $0.61 $0.64 $0.69 $0.67
Refinery Cost and Profit Margin (2) $0.33 $0.32 $0.29 $0.27 $0.31 $0.30 $0.28 $0.26 $0.24
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.62 $1.61 $1.60 $1.59 $1.58 $1.59 $1.59 $1.58 $1.59

May and June 2002

Branded
  May 6, 2002 May 13, 2002 May 20, 2002 May 27, 2002 June 3, 2002 June 10, 2002 June 17, 2002 June 24, 2002
Dealers Cost & Profit Margin (1) $0.12 $0.11 $0.09 $0.06 $0.07 $0.04 $0.01 $0.08
Crude Oil Cost $0.60 $0.65 $0.64 $0.57 $0.56 $0.54 $0.59 $0.60
Refinery Cost & Profit Margin (2) $0.39 $0.32 $0.35 $0.44 $0.45 $0.50 $0.51 $0.45
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.59 $1.57 $1.56 $1.55 $1.56 $1.56 $1.60 $1.62
 
Unbranded
May 6, 2002 May 13, 2002 May 20, 2002 May 27, 2002 June 3, 2002 June 10, 2002 June 17, 2002 June 24, 2002
Dealers Cost & Profit Margin (1) $0.23 $0.23 $0.17 $0.17 $0.19 $0.10 $0.04 $0.20
Crude Oil Cost $0.60 $0.65 $0.64 $0.57 $0.56 $0.54 $0.59 $0.60
Refinery Cost and Profit Margin (2) $0.27 $0.21 $0.27 $0.34 $0.33 $0.44 $0.49 $0.34
State and Local Sales Tax $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.59 $1.57 $1.56 $1.55 $1.56 $1.56 $1.60 $1.62

March and April 2002

Branded
March 4, 2002 March 11, 2002 March 18, 2002 March 25, 2002 April 1, 2002 April 8, 2002 April 15, 2002 April 22, 2002 April 29, 2002
Dealers Cost & Profit Margin (1) $0.00 -$0.02 -$0.03 $0.01 $0.05 $0.07 $0.13 $0.10 $0.11
Crude Oil Cost $0.50 $0.54 $0.56 $0.55 $0.61 $0.60 $0.56 $0.62 $0.63
Refinery Cost & Profit Margin (2) $0.37 $0.47 $0.50 $0.53 $0.45 $0.47 $0.45 $0.40 $0.39
State and Local Sales Tax $0.10 $0.11 $0.11 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.33 $1.45 $1.50 $1.56 $1.59 $1.62 $1.62 $1.61 $1.61
 
Unbranded
March 4, 2002 March 11, 2002 March 18, 2002 March 25, 2002 April 1, 2002 April 8, 2002 April 15, 2002 April 22, 2002 April 29, 2002
Dealers Cost & Profit Margin (1) $0.07 $0.01 $0.06 $0.14 $0.18 $0.22 $0.29 $0.22 $0.23
Crude Oil Cost $0.50 $0.54 $0.56 $0.55 $0.61 $0.60 $0.56 $0.62 $0.63
Refinery Cost and Profit Margin (2) $0.30 $0.43 $0.41 $0.39 $0.33 $0.32 $0.29 $0.29 $0.27
State and Local Sales Tax $0.10 $0.11 $0.11 $0.12 $0.12 $0.12 $0.12 $0.12 $0.12
State Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $1.33 $1.45 $1.50 $1.56 $1.59 $1.62 $1.62 $1.61 $1.61

January and February 2002

Branded
Jan 1, 2002 Jan 7, 2002 Jan 14, 2002 Jan 21, 2002 Jan 28, 2002 Feb 4, 2002 Feb 11, 2002 Feb 19, 2002 Feb 25, 2002
Dealers Cost & Profit Margin (1) $ -$0.05 $0.03 $0.06 $0.00 $0.01 $0.01 $0.01 $0.02
Crude Oil Cost $ $0.45 $0.40 $0.39 $0.43 $0.43 $0.48 $0.46 $0.45
Refinery Cost and Profit Margin (2) $ $0.28 $0.30 $0.30 $0.34 $0.35 $0.31 $0.36 $0.37
State and Local Sales Tax $ $0.08 $0.09 $0.09 $0.09 $0.09 $0.09 $0.10 $0.10
State Excise Tax $ $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $ $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $ $1.13 $1.18 $1.21 $1.22 $1.25 $1.25 $1.29 $1.30
Unbranded
Jan 1, 2002 Jan 7, 2002 Jan 14, 2002 Jan 21, 2002 Jan 28, 2002 Feb 4, 2002 Feb 11, 2002 Feb 19, 2002 Feb 25, 2002
Dealers Cost & Profit Margin (1) $ $0.00 $0.15 $0.16 $0.05 $0.08 $0.09 $0.10 $0.12
Crude Oil Cost $ $0.45 $0.40 $0.39 $0.43 $0.43 $0.48 $0.46 $0.45
Refinery Cost and Profit Margin (2) $ $0.23 $0.18 $0.20 $0.29 $0.29 $0.23 $0.27 $0.27
State and Local Sales Tax $ $0.08 $0.09 $0.09 $0.09 $0.09 $0.09 $0.10 $0.10
State Excise Tax $ $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Federal Excise Tax $ $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18 $0.18
Retail prices $ $1.13 $1.18 $1.21 $1.22 $1.25 $1.25 $1.29 $1.30


| Commission Homepage | Site Index | Search Site | Glossary | Links | Contact Us |

Page Updated: March 5, 2003