Business

Gas Prices Impact Drivers Differently

Updated 2026-05-06 22:15 UTC 1 source Negative

A new report shows that while gas prices have surged, lower-income drivers are cutting back more than wealthier ones. The disparity highlights the economic impact of rising fuel costs.

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MarketWatch

Everyone’s paying more for gas, but only some are cutting back. Here’s why.

When gas prices surged in March, lower-income drivers tried to cut back, but they still felt the sticker shock. On the other hand, rich drivers barely flinched.

2026-05-06 22:11 UTC