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newsMar 31, 20261:44

Gas Prices Soaring: Workers & Businesses Struggle

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Skyrocketing gas prices due to the Iran war are causing financial strain for workers and businesses, particularly those relying on personal vehicles for work. Uber drivers, delivery personnel, and service professionals are feeling the pinch, with gas prices surging 34% in a month. Gig platforms like Uber and DoorDash arent covering fuel costs, forcing drivers to work extra hours just to break even. Companies are adjusting mileage reimbursements and cutting office trips to save fuel, while businesses grapple with the decision to raise rates or risk financial loss. Drivers are scrambling to find ways to offset costs, with some cherry-picking high-paying gigs and others dipping into savings. The situation is dire, with diesel haulers facing a brutal 80% increase in fuel costs. As the crisis enters its fifth week, businesses and workers are walking a tightrope, hoping for relief before its too late.

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Gas Prices Soaring: Workers & Businesses Struggle

Vancouver News Today | 2 Min News | The Daily News Now!

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Vancouver News Today | 2 Min News | The Daily News Now!Gas Prices Soaring: Workers & Businesses Struggle. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Gas prices are spiking across the U.S. thanks to the war with Iran disrupting oil supplies. The national average for regular gas hit $3.99 a gallon this week, up 34% in a month. Diesel jumped even more, 44% higher. Folks driving their own cars for work like Uber drivers, delivery people, and service pros are filling the squeeze hard. Nearly 27% of workers deal with driving as a key job demand. Gid platforms like Uber and DoorDash don't cover gas costs, so drivers like 1 Bay Area UberVet are clocking extra hours just to break even. Her fill-up went from 25 bucks to 40, and tips barely help since most riders skip them. Workers are scrambling, housekeeping firms and pet care outfits are bumping mileage reimbursements, some to 72 cents or even 80 cents a mile, but it's still not. Enough with prices climbing, one Denver Boss cut office trips and shorten routes to save fuel while others dip into savings or plan price hikes for clients.

Gig apps are stepping up a bit with cashback perks on gas for debit card users and weekly fuel bonuses for high mileage drivers. Delivery folks now cherry pick gigs, netting at least $1 per mile to offset costs. Diesel haulers, like junk removal crews, face brutal jumps from $3.62 to $6.9 a gallon. As this drags into week 5, businesses walk a tightrope, raising rates risks losing customers, but fuel bills keep piling up. Drivers everywhere are hustling smarter, hoping prices ease before it breaks the bank. That's your update from Vancouver News today, powered by AI. I'm Corey with The Story.

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