Business News
SACRAMENTO – Betty T. Yee, chairwoman of the Board of Equalization (BOE), has released California gasoline and diesel consumption figures for November 2009.
Gasoline consumption decreased 2.3 percent, while diesel consumption declined 3.2 percent compared to the same month in 2008.
“While gas prices have changed little in recent months, they are up quite a bit compared to the extremely low prices of late 2008. So we would expect consumption to be lower compared to 2008,” said Chairwoman Yee.
January through November 2009 California gasoline consumption declined 1.4 percent compared to January through November of 2008.
Gasoline consumption declined 2.3 percent in November 2009 when Californians used 1.170 billion gallons of gasoline compared to 1.198 billion gallons in November 2008.
The average price at the pump for gasoline in California during November 2009 was $3.01 per gallon compared to $2.51 in November 2008, a 19.9 percent increase.
Prices were extremely low in late 2008, reflecting the burst of a crude oil price bubble that developed earlier in the year.
Sales tax revenue generated from gasoline sold in California was approximately $293 million in November 2009, which is an estimated $72 million less than generated in November 2008.
Sales tax revenues from gasoline in November 2009 would have been about $40 million less if the sales tax rate had not increased by one percent on April 1, 2009.
Diesel consumption in California declined by 3.2 percent in November 2009 when Californians used 198 million gallons compared to 204 million gallons in November 2008.
Diesel prices in California were $2.96 per gallon in November 2009 up 4.6 percent compared to November 2008 when the average diesel price was $2.83 per gallon.
The BOE is able to monitor gallons through tax receipts paid by fuel distributors. Figures for December 2009 are scheduled to be available at the end of March 2010. All monthly, quarterly, and annual figures can be viewed at: www.boe.ca.gov/sptaxprog/spftrpts.htm .
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MIDDLETOWN – Are you well-positioned to succeed in today’s Internet-driven business arena? The Lake County Social Media Group is hosting a workshop on using Facebook and your Web site to boost your business’ profitability.
The workshop will be held at 2 p.m. Saturday, March 20, at Armstrong Hall, 15642 Armstrong St., Middletown.
Already there are almost 400 million users on Facebook making it the leading social media Web site in the world. Businesses large and small are using it to reach customers who want and use their products.
Kevin McNulty of Net Weave, Social Networking, will present at the workshop and will help attendees learn to set up and optimize their Facebook pages to benefit their businesses.
Andrew Nester of Biz Strategies also will present information on how to get your Web site noticed among the millions of websites on the Internet.
Register to attend the workshop or join the Lake County Social Media Group at http://meetup.com/LCSMgroup or call 707-987-1923 for more information. The workshop cost is only $15.
If you have a laptop, bring it along and use Armstrong Hall’s high speed Internet connection.
If you can’t make the meeting, you can still join the Lake County Social Meetup Group. It costs nothing and gives you the opportunity to share information about social networking on the Internet. You also will be informed when there are social media workshops in the local area.
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