California's High Gas Prices Impact Uber and Lyft Drivers

Rising gas prices in California are forcing Uber and Lyft drivers to reduce their hours or leave the ride-hailing industry due to decreased earnings. With California gas prices averaging nearly $6 per gallon, drivers report significant financial strain, leading to a potential workforce reduction in the gig economy. The situation highlights the vulnerability of independent contractors to external economic factors.

By Queenie Wong Sat, April 18, 2026 at 1:00 PM GMT+3 6 min read · Yahoo Finance ·

California's High Gas Prices Impact Uber and Lyft Drivers

Tickers: $LYFT $UBER

Topics: driver earnings economic hardship gas prices gig economy Lyft Uber

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