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Energy

“Soaring gas prices are forcing some Uber, Lyft drivers off the road”

“…The Consumer Price Index, which measures the prices Americans must pay for goods and services, is up 8.5% from a year ago — notching a fresh high in March. However, gas prices jumped 18.3% for the month, boosted by the war in Ukraine and the pressure that is putting on supply.

“Gas prices alone accounted for more than half of the monthly increase in the CPI, and over the past year, gas prices are up 48%,” said Greg McBride, chief financial analyst at Bankrate.

Although the national average for a gallon of regular gasoline fell slightly to $4.10 after the White House announced several stopgap measures, it is still significantly higher than the $2.86 seen one year ago, according to data from AAA…”

https://www.cnbc.com/2022/04/13/soaring-gas-prices-are-forcing-some-uber-lyft-drivers-off-the-road.html

 

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