‘I'm done': Rideshare drivers on the brink of quitting over higher gas prices [CNN]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: CNN
The teacher, who works part-time as a Lyft driver, doesn't know how long she can keep up the side gig if the price of gas keeps climbing. “I'm working now for rideshare, but I don't know what that's going to look like next week. Because if gas is $4 a gallon, I'm done,” she told CNN. Moncur is one of the millions of Uber, Lyft, DoorDash and Instacart drivers that depend on their cars to earn a living. Gas prices have spiked after the US-Israeli war with Iran, and these drivers have no choice but to pay higher prices if they want to offer rides or make deliveries. The national average for a gallon of regular gas crossed $4 for the first time since 2022 on Tuesday, up more than a dollar in the past month. Americans have spent north of $8 billion more in the last month to fill up their tanks, according to Gas Buddy. Leanne Hall, an Uber driver for five years in Las Vegas, Nevada, said she's worried she won't turn a profit after filling up her tank. “I do (rideshares) to make m
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