On Thursday, Bellingham, Washington based grocery chain Haggen said it plans to exit the Pacific Southwest market totally. The grocery operator plans to shutter more stores and realign its core business with thirty seven stores and a stand-alone pharmacy in the Pacific Northwest.
Oil prices in California continue slipping at regular intervals and may drop below $2.50 per gallon by Christmas time. That will be something up to an 80-cent fall in the average statewide.
It is a forecast made by Allison Mac of GasBuddy.com this summer which slowly proving to be true.
On Friday, the state Employment Development Department reported that 80,600 non-farm payroll jobs were added by California in July. The jobless rate of the state dropped to 6.2 percent which was a decrease from the figures noted a month ago. Although the job numbers was a little gloomy for the Humboldt County but still it was lower as compared to the overall average of the state.
Davis researchers, at University of California say that the state which is in its fourth year of drought condition will lose $1.84 billion in the agricultural sector in the current year. That also comes with the approximately 21,000 jobs losses in the South Valley which is suffering the worst effects of the dry spell.
On Sunday, Trilby Lundberg Survey Inc, the survey publisher said that the current gasoline price average is 81 cents less than what was noted one year back.
According to the survey, on an average, the drivers in the US paid $2.7108 per gallon for regular Gasoline in the two weeks which ended on 7 August.
Consumer Watchdog Group Says Californians Are Paying Higher Price for Their Gas than Rest of the Country
Although there may be a drop in the oil prices in the recent week but for the California drivers there's no respite and they are paying a higher price than the other states. Consumer Watchdog, a watchdog group says that it's all about the companies looking for bigger profits.
PPIC’s Poll Reveals Californians Divided in Opinion on Climate Change Impacting Drought in the State
A new survey result released on Wednesday revealed that two-thirds of California residents connect the ongoing drought in the state to climate change. Most of them support the efforts put in by Governor Jerry Brown in order to combat the catastrophic drought. However, it could be just that way as most of the Californians are Democrats.
For long Amazon has showed interest in delivering its packages to customers within half an hour with unmanned drones. The company is still making efforts for approval and a report says that it suggested dividing the airspace into different segments which might designate zones for high speed drones for delivery and traditional aircrafts.
Though the national average of gasoline prices fell 2 cents in the last couple of weeks to $2.83 a gallon, the gas price is on the rise in California.
The average price nationwide for midgrade gas gasoline was $3.05 and the premium was being sold at $3.22 says a survey by Lundberg.
CPUC Votes Unanimously to Support a Revised Version of Electricity Pricing that Saves Money and Promotes Clean Energy
The CPUC or the California Public Utilities on Friday with a 5-0 vote chose unanimously to adopt a somewhat revised version of what was originally proposed as a reform for its residential electricity consumption rates.
There is a plan for changes in the electricity charges paid by the Californians and it could give a jerk to the pocket of the consumers using less electricity.
According to the proposal on which the state Public Utilities Commission is scheduled to vote on Friday, the present four tier graduated rates which the consumers see now could go down to two or three.
In a rather alarming study, published online on Tuesday, in the Water Resources Research, earth scientists from California have studied data relayed by the NASA's Grace Satellite Mission. They have concluded the miserable fate of the world's groundwater basins, which are going dry due to unrestrained exploitation.