Many Americans are cutting back on everyday expenses as gas prices soar due to President Donald Trump’s war in Iran, now approaching the 10-week mark. About 44 percent of Americans said they’re driving less due to high gas prices, while 42 percent said they’ve slashed household expenses, according to a Washington Post/ABC News/Ipsos poll. In addition, the poll revealed that 34 percent have altered travel or vacation plans. Americans are changing their behaviors as national average gas prices hit $4.43 per gallon Saturday, according to the AAA motor club. This time last year, the national average was just $3.15 per gallon. Patrick de Haan, a petroleum analyst for GasBuddy, said Saturday’s average price marked a sobering new record. “The national average price of gasoline has never been higher on the second day in May than it is today,” he wrote on X.
I guess it takes gas hitting $5/gallon for people to start riding bikes around here. It’s also strange how empty the gas stations are today.
Lucky! Where I live, it’s too hot to ride a bike for 7 months out of the year, and public transport does not exist outside of the suburbs.
A round trip Uber/Lyft to work is $110, and I make $120/day after taxes/insurance/investments.
A round trip drive takes two gallons of gas, so even at $45/gallon it would still be cheaper to just drive.
If gas were $45/gallon I think it’d be cheaper to invest in clean energy and drive an electric car or, better yet, the city invests in trolly busses or trains.