Gas Prices High, Car Supplies Low, Might as Well Stay Home

2 min read
Facebook
Twitter
LinkedIn
Mail
2 min read
Kars For Kids

Kars For Kids

Non profit organization

Kars For Kids

Kars For Kids

Non profit organization

Share

Facebook
Twitter
LinkedIn
Mail
man in shock at gas pump1

Gas Prices High, Car Supplies Low, Might as Well Stay Home

2 min read
2 min read
Kars For Kids

Kars For Kids

Non profit organization

Kars For Kids

Kars For Kids

Non profit organization

Facebook
Twitter
LinkedIn
Mail
man in shock at gas pump1

Gas prices continue to surge, having already reached an all-time high. As Americans feel that wallop to the wallet at the gas pump, some are looking for ways to drive smarter and save money. Those lucky enough to own an electric car in addition to a gas vehicle, are keeping their gasoline-powered cars in the garage. But most are not lucky enough to have a choice between electric and gas-run vehicles. For those who don’t own an EV, the alternative is to keep the car parked and opt for public transportation, a less expensive alternative

Others, meanwhile, are adapting to the gas price hike in other ways.  Nancy Peters, a computer service and repair technician for example, says she will have to charge more for her services. “My work involves traveling to clients’ homes. I can’t absorb these rising costs and still make a living. I have no choice but to charge them for gas.”

COVID Cases Drop—Gas Prices Rise

The worst part of the price increases for some, at least, is that we’re finally able to travel again, as COVID-19 cases begin a countrywide drop. But as gas prices continue to escalate with no end in sight, some have decided to stay home, instead. “It’s such a bummer. I was going to drive down to Florida from my home in New York to visit my elderly aunt. She’s 100 years-old. All during the lockdown and the months of COVID, I worried I wouldn’t get there in time to see her. And now that I can finally go, I can’t afford the trip,” said Sally Markham.

Some consumers are contemplating a switch from gas to electric vehicles. But with Russia’s invasion of Ukraine showing no signs of petering out any time soon, this may not be possible. The demand for electric cars has increased, the supply, however, has diminished. In fact, while gas prices continue to rise, there is a concurrent, record-low in automobile inventory levels. Dealers say that cars and trucks, whether gas or electric, are already spoken for, even before they arrive at dealership lots.

Energy-Efficient Cars Unavailable

Looking to buy a more energy-efficient gas-run vehicle, as gas prices continue to rise? Good luck. Energy-efficient cars are no more available than any other kind of car. Many automakers have mostly phased out small car production, adding to the vehicle supply chain issue. Car manufacturers would rather produce SUVs, large pickups, and crossovers than smaller, energy-efficient cars. It’s all about higher profit margins. The larger vehicles, of course, are an even bigger drain on finances at the pump, as they require more fuel to run.

The long wait for wheels is actually longer if you’ve decided to purchase an electric vehicle. Consumers may wait months to buy a gas-powered car, but those looking to switch to an electric vehicle may have to wait years. There simply aren’t any out there to buy.

2 Responses

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Continue reading

sign: it's mad cool at TheZone

Summer Camps We Support

The summer camps we support have a variety of important missions. This helps us assist a broader spectrum of children to grow and succeed.

Hurricane Ida Bridgeport PA

Hurricane Ida Stories of Survival

Stories of survival are few and far between in the wake of Hurricane Ida, but here are five such stories to lend hope after grave devastation.