Updated
Updated · The Wall Street Journal · May 6
America's supercommuters reel as higher gas prices force budget cuts
Updated
Updated · The Wall Street Journal · May 6

America's supercommuters reel as higher gas prices force budget cuts

5 articles · Updated · The Wall Street Journal · May 6
  • AAA said regular gasoline averaged $4.54 a gallon on Wednesday, up 52% since late February, with prices ranging from $3.96 in Oklahoma to $6.16 in California.
  • Long-distance drivers report cutting leisure spending, delaying trips and switching vehicles, while some California commuters say fuel and tolls now cost as much as $1,600 a month.
  • Post-pandemic supercommuting has risen by about a third across the 10 biggest US cities, and economists say higher fuel costs are hitting lower-income households hardest and curbing wider consumer spending.
As supercommuting becomes financially unsustainable, will America see a mass return to cities or a remote work revolution?
With the Strait of Hormuz choked, how can global economies avert a long-term energy crisis and runaway inflation?
Will this oil shock accelerate the global shift to green energy or entrench fossil fuel dependency through new drilling?