Gas prices up/ Rates need to be up.

MaineMasai

Active Member
I'm no longer averaging $20 an hour. Sometimes it's more like $13. With surge practically gone and gas prices up and going, Uber need to raise rates to at least $.30 a minute and $1.50 a mile. How can we achieve this?
 

MaineMasai

Active Member
By quitting. Only if there is a shortage of drivers will rates rise. It's all about supply and demand.
I heard that most of the 8,000 drivers will be back on the road due to a relaxation of the legislation. Not sure quitting will help you.
 

john1975

Well-Known Member
Ok so let's run the numbers. Gas prices are up about .30-.40 per gallon. Let's even use .50. The average full time driver that probably does 120+ trips uses maybe 50-70 gallons of gas. Let's use 70 at .50 so that's a whopping 35 more per week. Or less than .30 per trip. With the average trip around 10 that's less than 3%. Impact on earnings. Let's relax a little folks. The increase in gas prices has little to no effect on earnings.
 

Tysmith95

Well-Known Member
I heard that most of the 8,000 drivers will be back on the road due to a relaxation of the legislation. Not sure quitting will help you.
CWOF drivers only. Others will still be deactivated, including the famous poster on here who kept complaining a few months back cause his licence was suspended a few years ago.
 

tohunt4me

Well-Known Member
Ok so let's run the numbers. Gas prices are up about .30-.40 per gallon. Let's even use .50. The average full time driver that probably does 120+ trips uses maybe 50-70 gallons of gas. Let's use 70 at .50 so that's a whopping 35 more per week. Or less than .30 per trip. With the average trip around 10 that's less than 3%. Impact on earnings. Let's relax a little folks. The increase in gas prices has little to no effect on earnings.
Uber has allowed NO ROOM FOR A 3% LOSS WITH THEIR CONSTANT RATE CUTS !
Thats 3% less food on my already Bare Table !
 

The Gift of Fish

Well-Known Member
Gas goes up by 15-20% and you are trying to make argument that this is no big deal. Imagine how excited everyone would be if rates went up by that %? Numbers never lie until they do
Gas expense for me used to average 8% of revenue. That means that the effect of an increase in gas expense is for me 12.5 times less important than a corresponding percentage increase in pay rates.

Gas has risen here by around 10%. So now my gas expense will be approximately 8.8% of revenue. Or, put another way, for every $100 Uber pays me, I spend an additional 80 cents on gas.

It's not a deal breaker in any way. Gas can go up by 10% or 20% but that does not mean you're earning 10% or 20% less. A little math goes a long way.
 

The Gift of Fish

Well-Known Member
In real terms, if you spent $200 on gas a week before now you at $ $220-240. Minimal? You decide
As I said, my gas expense was 8% of revenue. Using your example, if I spend $200 on gas then my revenue for the week would have been approximately $2,500. I would be left with after-gas takings of $2,260 - $2,280 instead of $2,300. Yeah, I'll decide that would be minimal.

Your example doesn't fit my circumstances, though, because I don't book $2,500 per week in revenue. In reality, my weekly revenue is around half that at $1200. My gas cost went up from $96 to $106; my after-gas revenue decreased from $1,104 to $1,094. Very minimal considering gas went up here by 10%.

Would I like to keep the extra 10 bucks per week for myself instead of paying it to the gas company? Sure, but it's not going to put me out of business.
 
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