Energy

Soaring gas prices are forcing some Uber, Lyft drivers off the road

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A driver uses the Uber app to drop off a passenger.

Chris J. Ratcliffe | Bloomberg via Getty Images

When Sergio Avedian, 55, started driving full time for Uber and Lyft in 2016, he used to make $3,000 a week.

“Now, it’s impossible to make that kind of money,” he said.

Coming out of the pandemic, demand for rides is high but inflation and the rising price of gasoline has made it harder for drivers to earn what they once did.

“Gas prices pretty much crippled all drivers,” said Chris Gerace, contributor at The Rideshare Guy, a blog aimed at helping rideshare drivers earn more money.

Nearly half of rideshare workers, including Uber and Lyft drivers, as well as food deliverers for companies like 



Source cnbc.com

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