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The report showed that demand for gasoline increased 1.8 percent compared to last year.
“California gasoline consumption and prices have been unusually stable for most of 2010,” said BOE Chairwoman Betty T. Yee. “Consumption for the first eight months of this year compared to last year shows very little fluctuation.”
In August 2010, gasoline demand rose 1.8 percent when Californians used 1.29 billion gallons of gasoline compared to 1.27 billion gallons the same month last year.
The average California gasoline price at the pump in August 2010 was $3.19 per gallon compared to $3.06 in August 2009, a 4.2-percent increase.
Diesel fuel sold in California during August 2010 totaled 205 million gallons compared to last year’s August 2009 total of 194 million gallons, which is an increase of 5.8 percent.
California diesel prices were $3.16 per gallon in August 2010 up 10.9 percent compared to August 2009 when the average diesel price was $2.85 per gallon.
However, while the diesel gallons reflected in the August 2010 numbers are up 11.2 million gallons, indicating an increase of 5.8 percent, the consumption change from last August is likely to be less because the August 2009 figures include a 19.3 million gallon non-recurring credit.
The gallons included in the monthly consumption numbers are always net of audit assessments and refunds. The August 2009 credits were larger than most and may have skewed the August 2010 percentage change to a 5.8 percent increase from an actual decline of 3.8 percent.
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 September 2010 are scheduled to be available at the end of December 2010. All monthly, quarterly, and annual figures can be viewed at: www.boe.ca.gov/sptaxprog/spftrpts.htm.
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This is an open invitation to women in business and others who may be interested. You are welcome to bring business cards, flyers, giveaways or prizes to promote your organization or business.
The Women in Business of Ukiah (there is also a group forming in Lake County) presents women with an opportunity to network, mingle, socialize, learn about other local businesses and enjoy great company. Since this is a party, guys are invited, too.
The Lodge at Blue Lakes will be decked out for the holidays including a big fire in the fireplace and festive decorations. Come and enjoy an evening with a great group.
Appetizers and desserts are welcomed for sharing and there will be a no host bar.
The Lodge at Blue Lakes is located at 5135 W. Highway 20, Upper Lake.
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The total was ahead of the October 2009 figure of 1,314, and represented a substantial increase over the 888 deals concluded during September 2010, according to figures released by BizBen.com, which tracks monthly sales by county in California.
The boost results from “greater certainty on the part of entrepreneurs in California – largely because we’re starting to see lenders making funds available to complete deals,” according to Peter Siegel, MBA, founder and chief executive officer of BizBen.com.
Many of the state’s largest counties showed increases in sales last month compared to the same month last year.
Los Angeles County recorded 385 transactions, an up-tick of nearly 2 percent; San Francisco registered 84 transactions, a boost of nearly 38 percent; and there were 128 completed transactions in Orange County last month, which topped the county’s October 2009 figure by 29 percent.
“We’ve suffered a pretty severe credit drought the past couple of years, but with a more positive reception from business lending institutions these past few weeks, we’re starting to put entrepreneurs together with SBA-backed lenders,” said Siegel.
He pointed out, “It’s not just buyers whom we encourage to get SBA pre-qualified if they want to be in a strong position to negotiate, and want to be able to move quickly when they find the right business. We also tell owners/sellers to get their businesses pre-qualified. When a business opportun ity hits the market with built-in financing, the chances of multiple offers and a successful sale go way up.”
Siegel said right after late September, when the Small Business Jobs and Credit legislation became law, “the phone started ringing, with calls from lenders ready to do business, and individuals wanting access to borrowed funds and asking how to get their SBA loan applications together.”
The BizBen Index October report on the sale of small businesses in California, by county, (available at http://www.bizben.com/stats/stats-monthly-oct.php) is as follows: Alameda: 53, Amador: 1, Butte: 5, Contra Costa: 31, El Dorado: 8, Fresno: 41, Imperial: 4, Kern: 24, Los Angeles: 385, Marin: 4, Merced: 9, Monterey: 21, Napa: 8, Nevada: 3, Orange: 128, Placer: 16, Riverside: 62, Sacramento: 26, San Bernardino: 62, San Diego: 129, San Francisco: 84, San Joaquin: 18, San Luis Obispo: 12, San Mateo: 41, Santa Barbara: 23, Santa Clara: 51, Santa Cruz: 13, Shasta: 8, Solano: 7, Sonoma: 28, Stanislaus: 13, Sutter: 10, Tehama: 4, Tulare: 21, Tuolumne: 1, Ventura: 21, Yolo: 9.
BizBen.com is available via Twitter (bizbenlistings), FaceBook (bizbenbusinesslistings) and LinkedIn (in/bizbenlistings).
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The event will take place from 10 a.m. to 5 p.m. at the business, located at 125 N. Main St., Lakeport.
The ribbon cutting will take place at 10 a.m.
There will be hourly prizes and refreshments.
For more information contact the Lake County Chamber of Commerce, telephone 707-263-5092.