Energy

Gas Prices Hit 21‑Month High, Squeezing U.S. Gig Economy Drivers

U.S. gasoline prices have surged to a 21‑month high, increasing costs for millions of gig workers such as delivery and rideshare drivers who rely on their vehicles for income.

CNBC
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March 12, 2026 at 03:40 PM
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2 min read
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A recent surge in U.S. gasoline prices is putting significant pressure on millions of gig economy workers who depend on driving for income. The national average price for regular gasoline climbed to around $3.57 per gallon in March, marking the highest level in roughly 21 months and raising operating costs for rideshare and delivery drivers across the country.

The rapid increase in fuel prices has been driven by volatility in global energy markets and rising geopolitical tensions affecting crude oil supply. Analysts note that gasoline prices jumped sharply within days, creating one of the most volatile periods for domestic fuel costs in recent years and adding new pressure on household and business budgets.

For gig workers, the impact is particularly acute. Drivers working for ride‑hailing and delivery platforms typically operate as independent contractors, meaning they are responsible for covering expenses such as fuel, vehicle maintenance and insurance. As gasoline prices rise, these costs immediately eat into their earnings, forcing many drivers to work longer hours just to maintain the same level of income.

Economists warn that sustained increases in fuel prices could ripple across the broader gig economy. Higher operating costs may push platforms or drivers to increase fares and delivery fees, potentially reducing consumer demand. With millions of Americans relying on gig work for supplemental or primary income, continued volatility in energy prices could significantly reshape the sector’s economics.

#benzin fiyatları#gig ekonomisi#ABD enerji piyasası#rideshare sürücüleri
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Gas Prices Hit 21‑Month High, Squeezing U.S. Gig Economy Drivers | Borsaya.com