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.
Gas will have to be high for a long time to make a difference with EVs here, especially with the huge level of protectionism. Since legacy automakers pretty much gave up on EVs and most new technology companies are blocked, pretty much all we have are Tesla and Hyundai/Kia. Hopefully Rivian can make it over the humo of mass production but you can’t really call them more than a niche so far