Sariah Masterson had big plans this summer for a camping vacation at Natural Bridges National Monument in Utah. But the five-hour road trip seemed like a budget-buster once the price of gasoline hit $5 a gallon last month. Masterson and her family opted for a backyard campout at their home in Provo instead.
“I used that money to buy a couple of extra cots and we camped in the back with our kids,” she says. “The youngest is two. He woke up in the middle of the night and then we all went back inside.”
The high price of gasoline and other goods is interrupting the dreams of a lot of Americans this summer.
It’s summertime. But the cost of living is anything but easy. Record gas prices likely pushed inflation to a four decade high last month. – https://t.co/YesOyKSOaj
— scott horsley (@HorsleyScott) July 13, 2022