Russ Steele
If you take a serious look at Nevada County's economy it looks like a three legged stool, with one leg being tourism. We can argue about what the other two legs of the stool should be, but right now our local economy depends heavily on tourism. Tourist come to Nevada County for some good food, wine, art, and fun when they have a few discretionary dollars in their pocket. Take away those discretionary dollars with rising fuel prices and local tourism takes a big hit.
Rising U.S. and California gasoline prices are damaged confidence in the country's future and forced people to change their spending habits and lifestyles according to Reuters/Ipsos poll released last Wednesday.
More than six of every 10 Americans have cut back on other expenses and reduced their driving as a result of the rising gas prices caused by tumult in North Africa and the Middle East.
Here are the latest fuel prices in Western Nevada County, California and the US. They continue on an upward trajectory, even though CARB's low carbon fuel standard has been put on hold by a court ruling.
