California
California Tops Nation’s Highest Gas Prices at $6.43 Per Gallon – California Globe
California is as soon as once more on the high of the charts, main the nation in… watch for it… fuel and diesel costs.
AAA reviews right now’s nationwide common of $5.014 per gallon — California is available in at a cool $6.436 per gallon for Common, and practically $7.00 per gallon for Diesel.
California’s costs enormously high the nationwide averages: The typical for a gallon of standard fuel in California is $6.436 per gallon, and a gallon of diesel is $6.991.
The Globe simply took the photograph above Monday June 13, 2022 at a Chevron fuel station in Sacramento, CA.
With Common at $6.79 and Diesel at $7.39, California’s fuel costs are a lot increased than the state common and even increased than Hawaii and Alaska.
The Wall Road Journal reported Monday:
“California, Oregon and Washington have historically had increased gas prices than the nationwide common resulting from a scarcity of refineries and pipelines that may pump in home oil, stated Patrick De Haan, head of petroleum evaluation at worth tracker GasBuddy. These states must pay increased costs to ship in oil, a lot of it from overseas, which then will get handed all the way down to the buyer, he stated.”
AAA reviews that Georgia drivers are paying on common $4.484 per gallon of fuel – the bottom within the nation.
Florida drivers are paying $4.891 per gallon of fuel.
Indiana drivers are paying $5.221 per gallon of fuel.
Tennessee drivers are paying $4.642 per gallon of fuel.
Mississippi drivers are paying $4.524 per gallon of fuel.
Texas drivers are paying $4.664 per gallon of fuel.
California drivers are paying $6.436 per gallon of fuel.
The Wall Road Journal famous that “states alongside the Gulf Coast, together with Texas and Louisiana, are among the many states with the most affordable fuel due to the abundance of gas refineries, pipelines and home sources of oil within the area.”
And with California’s considerable petroleum trade rules, highest-in-the-nation fuel taxes, and particular “summer time mix,” anticipate to see that $6.436 per gallon of fuel get a lot increased this summer time – some predict over $10.00 per gallon!
Fuel Buddy explains the summer time blends: “March-April refineries start to provide summer time gasoline blends. Greater than 14 totally different blends are produced throughout this era, resulting from totally different state rules for reformulated gasoline and Reid vapor strain necessities. Might 1: Gasoline terminals are required to promote solely summer time gasoline on Might 1, whereas fuel stations have till June 1 to finish the changeover to summer time gasoline. The change from winter to summer time gasoline is without doubt one of the main elements behind seasonal gas worth will increase in Might.”
SACRAMENTO: The state of California continues to lead the United States in the number of job losses since the start of this year, reported Xinhua, quoting a report by California’s Employment Development Department on Friday.
The unemployment rate in California, home to around 40 million residents, remained unchanged at 5.3 per cent in April for the third consecutive month, maintaining the highest level in the country.
The report showed that the number of unemployed Californians was 1,027,000 in April – down by 5,900 from the previous month and up 164,700 year on year.
This is the second time in five months the total number of the unemployed has declined. It comes amidst sluggish job growth, with statewide employers adding just 5,200 nonfarm payroll jobs in April, a significant drop from the 18,200 jobs added in March.
According to the report, California’s employment landscape has been particularly bleak across several major sectors. Manufacturing, information, and professional and business services all experienced job losses in the past month, contributing to a less robust job market.
Meanwhile, five of California’s 11 industry sectors gained jobs in April, with private education and health services posting the largest month-over-month gain for the fourth consecutive month.
Working towards a better life for all
Californians deserve a government that works for them and with them. One that will work to ensure opportunity and justice. This is the goal of the Newsom Administration.
We are informed by our history as a state and nation. We are building a California not for the few, but for all — including those who have historically been left out.
We are doing the work to make our state a place for every Californian and all the diversity that makes us strong. Our state will be known as a place where everyone is respected, protected, and connected.
In California, a state where single family houses often run for millions of dollars, what amounts to basically an entire city has gone on the market with a price tag of just $6.6 million.
Top Gun Commercial Real Estate has listed a 16-acre property in Campo, Calif., a town that’s about 2 miles from the Mexican border and an hour or so east of San Diego. Included in that listing are 28 buildings that make up the bulk of the town’s properties. Most were built in the 1940s.
Those properties are occupied, too. About 100 residents rent from a single owner who is looking to sell. The Border Patrol also rents a commercial building in the town.
The seller (and townspeople) hope whoever buys Campo does so with revitalization in mind.
“Investors can choose to build to maximize the density of the existing land without altering the town’s current structures, or alternatively, consider a complete redevelopment to modernize and elevate Campo’s profile,” the listing reads. “Campo’s appeal is not limited to its potential for physical transformation but is enhanced by its strategic location. The proximity to San Diego opens a myriad of recreational, cultural, and economic opportunities, making it an attractive proposition for long-term investors looking to make a significant impact.”
Included in the sale are 28 residential properties, which rent for anywhere from $250 per month to $1,600, as well as a church, metal shop, post office, lumber yard and the border patrol building. All totaled, more than 62,000 square feet of property is part of the sale—with monthly rents totaling $44,253 worth of recurring income for the new buyer.
Heck, the town will pay for itself in just 149 months!
Campo was originally established in World War II to house soldiers in case of an invasion, which (of course) never happened.
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