Business News
LAKEPORT, Calif. – The Lakeport Main Street Association invites members and nonmembers to attend its regular quarterly meeting on Thursday, April 14, at the Lakeport Yacht Club, 5 Fifth St., on the waterfront.
Richard Knoll, city of Lakeport Community Development and Redevelopment agency director, will speak on the state of California budget cuts and what they could mean to downtown Lakeport, especially if the city’s redevelopment agency is dissolved.
Social hour begins at 5:30 p.m. with a no-host wine/beer bar and complimentary appetizers.
The half-hour program starts at 6:30 p.m.
RSVP is appreciated. Call 707-263-8843 or
The Lakeport Main Street Association’s mission is to form a coalition of community members who have the interest and desire to promote a healthy and vibrant downtown.
The association’s slogan is “you don’t have to be on Main Street to be in Main Street,” a message that emphasizes the broad base of people – merchants, residents, employees, nonprofits, civic organizations, government – needed to grow a successful downtown.
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SACRAMENTO, Calif. – The Board of Equalization on Wednesday released California’s gasoline and diesel consumption figures for the fourth quarter of 2010 and the month of December.
California gasoline consumption increased 1 percent in the fourth quarter and decreased 0.4 percent in December.
Diesel consumption decreased 1.9 percent in the fourth quarter and decreased 5.8 percent in December compared to a year earlier.
“The fourth quarter of last year showed continued upward price activity in California,” said Board Member Betty T. Yee. “The minor upward trend in gasoline consumption in the face of rising prices is consistent with continued signs of economic growth.”
Gasoline consumption increased 1 percent in the fourth quarter of 2010 when Californians consumed 3.69 billion gallons of gasoline compared to the 3.65 billion gallons of gasoline used in the fourth quarter 2009.
The average price of gasoline at the pump in California during the fourth quarter of 2010 was $3.22, a 7 percent increase over the fourth quarter 2009’s average price of $3.01 per gallon.
The national average price of gasoline during the fourth quarter of 2010 was $2.94, a 10.5 percent increase over the fourth quarter 2009’s average price of $2.66 per gallon.
In December 2010, gasoline consumption decreased 0.4 percent when Californians used 1.23 billion gallons of gasoline compared to 1.24 billion gallons consumed in December 2009.
The average price of gasoline at the pump in California in December 2010 was $3.30 per gallon, an 11.5 percent increase compared to the gasoline price per gallon of $2.96 in December 2009.
The national average price of gasoline during December 2010 was $3.05 compared to $2.66 in December 2009, which is a 14.7 percent increase.
Diesel consumption decreased 1.9 percent in the fourth quarter of 2010 when Californians consumed 642 million gallons of diesel compared to 654 million gallons of diesel fuel consumed in the fourth quarter of 2009.
The average price of diesel fuel in California during the fourth quarter 2010 was $3.31, a 13.7 percent increase compared to the fourth quarter of 2009 when the price per gallon of diesel fuel in California was $2.91.
The national average price of diesel fuel during the fourth quarter of 2010 was $3.15, a 15.0 percent increase over the fourth quarter 2009’s average price of $2.74 per gallon for diesel fuel.
Diesel sold in California during December 2010 totaled 218 million gallons compared to the December 2009 total of 232 million gallons, which is a 5.8 percent decrease.
California diesel prices averaged $3.41 per gallon in December 2010, which is a 17.2 percent increase compared to December 2009’s average price of $2.91 per gallon of diesel fuel.
The national average price of diesel fuel during December 2010 was $3.24, a 17.8 percent increase over the December 2009’s average price of $2.75 per gallon for diesel fuel.
The BOE is able to monitor gallons through tax receipts paid by fuel distributors.
The figures reported monthly are net consumption that includes BOE audit assessments, refunds, amended and late tax returns, and State Controller’s Office refunds.
Figures for January 2011 are scheduled to be available at the end of April 2011.
All monthly, quarterly, and annual fuel figures can be viewed at www.boe.ca.gov/sptaxprog/spftrpts.htm.
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