Home » Lifestyle » Americans reconsider driving, spending habits and their employment amid record gas prices
Americans reconsider driving, spending habits and their employment amid record gas prices
Biden admin has ‘thrown a wet blanket over US oil and gas’ since taking office: Canary CEO
Dan Eberhart, the CEO of Canary, one of the largest independently held oilfield service companies in the U.S., argues that instead of unleashing American energy, Biden has been trying to reduce production at home even as prices have increased.
Americans are rethinking their driving and spending habits as gas prices surge to record highs.
The average price of regular unleaded gas in the U.S. reached $4.173 a gallon Tuesday, breaking the previous record from July 2008, according to AAA. In California, the average price hit $5.444 a gallon, which is also a record.
Tripp Harris, a 26-year-old Ph.D. student at Indiana University Bloomington, worked as a part-time driver for Uber Technologies Inc. for the past five years. He made a few hundred dollars in supplemental weekly income—until the past couple of weeks, when he stopped.
"I can’t afford to drive Uber anymore," he said, as gas prices in his area are about $4.25 a gallon.