$4 Gas Was Tipping Point According to AAA Survey

Survey Done Before Russia Invaded Ukraine
I-95 traffic
I-95 traffic Photo credit Matt Demlein, WRVA

Richmond, Va. (NewsradioWRVA.com) – New survey data from AAA finds that two-thirds of Americans felt gas prices were too expensive just a few weeks ago at $3.53 per gallon. Now with the national average at an all-time high of over $4, Americans may have reached a tipping point. Over half (59%) said they would make changes to their driving habits or lifestyle if the cost of gas rose to $4 per gallon. If gas were to reach $5.00, which it has in the Western part of the country, three-quarters said they would need to adjust their lifestyle to offset the spike at the pump.

Among Americans who said they would make changes in response to higher gas prices, a majority (80%) said they would opt to drive less, with some differences among age groups.

18 to 34 year-olds are almost three times as likely as those 35 and over to consider carpooling (29% vs 11%), which would likely involve major changes to their daily travel plans.

Those 35 and over are more likely to favor combining trips and errands (68% vs 52%) and to reduce shopping or dining out (53% vs. 43%).While many Americans may adapt their daily habits to make up for higher gas prices, it likely won’t have as much of an impact on summer travel.

AAA’s survey found that 52% of Americans have plans to take a vacation this summer. Of those, 42% said they would not consider changing their travel plans regardless of the price of gas.

Featured Image Photo Credit: Traffic