Business News
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- Written by: Elizabeth Larson
WALNUT CREEK, Calif. — With summer road trips in full swing, drivers are getting a break at the pump, as gas prices match July 2021 numbers.
The national average for a gallon of gas dipped as low as $3.14 this past week before going up a few cents to $3.17. It’s been four years since the national average has been this low during the summer.
This season’s lower pump prices are due to an abundance of supply in the oil market.
This week, California drivers will find an average price of $4.53 a gallon, a 3 cent drop from last week.
Fuel prices around the state:
Lake County: $4.57
San Francisco: $4.74
Oakland: $4.60
San Jose: $4.55
Sacramento: $4.49
Fresno: $4.58
Stockton: $4.38
Oil market dynamics
At the close of Wednesday’s formal trading session, WTI increased 5 cents to settle at $68.38 a barrel.
The EIA reports that crude oil inventories increased by 7.1 million barrels from the previous week. At 426 million barrels, U.S. crude oil inventories are about 8% below the five-year average for this time of year.
Quick gas and electricity stats
Gas
The nation’s top 10 most expensive gasoline markets are California ($4.53), Hawaii ($4.47), Washington ($4.40), Oregon ($4.01), Nevada ($3.76), Alaska ($3.73), Idaho ($3.47), Illinois ($3.46), Washington, DC ($3.33), and Utah ($3.32).
The nation's top 10 least expensive gasoline markets are Mississippi ($2.71), Alabama ($2.79), Louisiana ($2.79), Oklahoma ($2.79), Texas ($2.80), Tennessee ($2.82), Arkansas ($2.82), South Carolina ($2.83), Missouri ($2.86), and Kentucky ($2.87).
Electric
The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (51 cents), Alaska (50 cents), Tennessee (46 cents), Hawaii (46 cents), Montana (45 cents), South Carolina (44 cents), New Hampshire (43 cents), Wisconsin (42 cents), Alabama (42 cents), and Arkansas (42 cents).
The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (25 cents), Missouri (27 cents), Maryland (28 cents), Utah (28 cents), Nebraska (30 cents), Delaware (31 cents), Colorado (33 cents), North Carolina (33 cents), Washington, DC (33 cents), and Iowa (33 cents)
Drivers can find current gas and electric charging prices along their route using the AAA Mobile App, now available on CarPlay.
Find current fuel prices at gasprices.aaa.com.
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- Written by: Redwood Credit Union
SANTA ROSA, Calif. — Redwood Credit Union, or RCU, is proud to be recognized as one of America’s Greatest Midsize Workplaces 2025 by Newsweek.
This award recognizes RCU’s impact and commitment to its company culture, work-life balance, and well-being for its team members.
Newsweek recognized companies through a rigorous evaluation based on online employee reviews, publicly available data, an extensive survey, and over 120 key performance indicators. This thorough evaluation assessed factors contributing to workplace performance and employee satisfaction.
“This honor reflects the dedication and hard work of our entire team at RCU,” said Brett Martinez, president and CEO of Redwood Credit Union. “True to our mission of serving the best interests of our members, team members, and communities, we remain committed to fostering a supportive and innovative culture where our team members can thrive and continue to deliver exceptional service to our members every day.”
The study, conducted by Plant-A Insights Group, involved a comprehensive analysis of over 3.5 million online employee reviews, along with publicly available data for 9,000 companies employing between 500 and 1,000 individuals.
A wide range of crucial factors were considered, including leadership, integrity, compensation, career development, culture and belonging, and work-life balance.
“Midsize companies play a crucial role in the U.S. economy, offering career opportunities across various industries,” said Jennifer H. Cunningham, editor-in-chief of Newsweek. “But what sets the best apart? Newsweek and market-data research firm Plant-A Insights are proud to introduce America’s Greatest Midsize Workplaces 2025, spotlighting companies that have excelled in employee experience and workplace performance through strong leadership, competitive benefits, career development opportunities, and a culture of belonging.”
RCU has also been recognized by Newsweek as one of America’s Best Regional Banks and Credit Unions in both 2024 and 2025. Newsweek’s study for this award analyzed the financial health, operational performance, and member satisfaction of more than 9,000 financial institutions across the U.S. to identify the top 500 credit unions and the top 500 regional banks.
Founded in 1950, Redwood Credit Union is a full-service, not-for-profit financial institution providing personal and business banking to consumers and businesses in the North Bay and San Francisco. For more information, call 1 (800) 479-7928, visit redwoodcu.org, or follow RCU on Facebook, Instagram, X, and LinkedIn for news and updates.
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- Written by: Lincoln-Leavitt Insurance
LAKEPORT, Calif. — Lincoln-Leavitt Insurance recently received the Agency Excellence Award at the Leavitt Group Partners Conference in Las Vegas, Nevada.
This annual conference, which includes Leavitt Group’s network of agencies from over 250 locations nationwide, serves as a platform for industry leaders to connect, share insights, and celebrate excellence.
“We are honored to receive this award and thank our valued clients for allowing us to service all their insurance needs,” said Jill Jensen, agency co-owner of Lincoln-Leavitt Insurance.
When presenting the award, Leavitt Group commended Lincoln-Leavitt Insurance for its outstanding performance across key areas of business.
The Agency Excellence Award is given to only a few agencies who achieve top industry sales, service, and financial performance metrics.
Leavitt Group is one of the largest privately held insurance brokerages in the nation with a mission to build, serve, and perpetuate independent insurance agencies as partners with local co-owners.
To learn more about Lincoln-Leavitt Insurance, visit www.leavitt.com/lincoln.
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- Written by: Editor
NICE, Calif. — The North Shore Business Association will hold a mixer and dinner on Wednesday, June 25.
The event will take place at the Nice Event Center, located at 2817 E. Highway 20, beginning with the mixer and mingling at 5:30 p.m.
Vision of Hope Village will host the dinner and mix, which costs $25 per person.
Dinner will begin at 6 p.m. and include lasagna, veggies, salad, dessert and a beverage. There will be soft drinks and wine available to purchase.
Andy Lucas, a partner in Community Development Services, will be the evening’s guest speaker. He will introduce them to the economic development resources available right now to small businesses in Lake County.
Please RSVP by June 22 to
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