Ellen Zentner
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I would put it around 40%, which is meaningful.
It's uncomfortable.
Yeah, so it always falls more heavily.
It's very regressive, so it falls more heavily on lower-income households.
They also have to commute and drive to work.
Especially in the big driving states, you'll see the bigger impacts.
And you'll see them change their behavior, but it takes time.
Those big driving states, yeah.
So you don't understand, but many of your listeners will know the obsession that you have.
Florida, Texas, California, these big driving states, it is a family obsession talking about gas prices around the dinner table.
You pass by a gas station, you look at every single sign to see what the gas price is.
You comment on how it's gone up.
When was the last time you saw that price?
Like it's a pastime, just like for New Yorkers talking about the weather.
It's talking about gas prices for much of the rest of the country.
And so this is meaningful.
You can first, if you weren't buying the cheapest unleaded gasoline, you'll switch to the cheapest.
Then after time, maybe you start to commute.
We did this in 2008.
We started carpooling together.