Energy

You’re getting stung by higher gas prices even if you don’t drive

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Being able to get around without a car felt pretty good when prices at the pump jumped to more than $5 a gallon on average nationwide.

But it’s not just drivers who are feeling the pain at the pump.

Companies are seeing their costs increase, as well, and at least some, if not all, of that is getting passed on to consumers, either as a fuel surcharge or price increase.

At this point, the impact of higher gas prices is nearly impossible to avoid.

More from Personal Finance:
How are rising costs impacting your household?
5 steps you can take now to financially prepare for a recession
3 ways to deal with inflation, rising rates and your credit

Russia’s invasion of Ukraine pushed crude prices higher



Source cnbc.com

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