High Gas Prices Are Making it Impossible for Americans to Afford Cars (Video)
In this 5 October 2026 published video, host Michael Bordenaro talks about how high gas prices driven by conflict-related supply disruptions are adding tens of dollars to monthly household fuel budgets, straining car affordability alongside high vehicle purchase prices.
Drivers spend $65 to $85 more per month on gas compared to last year. Transportation ranks as the second-largest household expense after housing. Average vehicle age has reached a record high of 13 years as owners delay replacements.
Demand for used electric vehicles surged by 54 percent following price spikes to bypass the pump. Recent federal rollbacks to fuel economy standards aim to lower initial car purchase prices, but may increase long-term fuel running costs. Optimize Commutes: Explore public transit investments or carpooling options to reduce vulnerable monthly fuel outlays.
https://youtu.be/mgHj-szRc_8
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