Inflation is red hot and drivers are reaching their breaking point — and that was before Russia’s invasion of Ukraine set gas prices soaring
On Thursday, national average pump prices broke the record set just one day earlier. But even before retail gas prices broke all-time highs, drivers across the country were ready to veer into all sorts of fuel and money-saving tactics.
Nearly two-thirds of drivers said they would change their driving habits if gas prices passed the $4 mark and three-quarters said they would do it if gas touched $5, according to a AAA survey released Thursday. Those habits include less driving, combined trips and more carpooling. On Feb. 24, the day Russian President Vladimir Putin announced military operations in Ukraine, a gallon of gas was $3.54, according to AAA’s national average.
“The $4.11 spent in July 2008 equals $5.30 spent last month, according to inflation adjustments from the Bureau of Labor Statistics.”
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