May 31, 2023


Complete Canadian News World

Rising petrol prices will push up Uber prices in the US and Canada

The ride-sharing company explained that the price increase would last for at least two months.

Shared Transport Company Uber has announced it will raise the cost of travel and delivery in the United States and Canada To compensate drivers for the rising petrol prices, they pay for themselves.

In a post on the company’s official blog, Lisa Winship, chief operating officer for drivers in the United States and Canada, explained late Friday that the price increase would last at least two months. It will also cost 45 or 55 cents for passenger transport and 35 or 45 cents for food delivery through Uber Eats.

The amount of payment will vary depending on where each service is manufactured.

This rate goes directly and fully to drivers, and applies to electric vehicles as well, a measure that the company protects by making sure to switch to this type of car because drivers will charge higher without costs.

Petrol and diesel hit record highs again after rising by 4.4% and 5.6%, respectively, last week, with the possibility of further fuel prices due to the Russian invasion of Ukraine and the global embargo on Russia’s oil.

After this new increase, petrol, the tenth in a row for both fuels, is 10.3% higher than its record price, which was in effect for more than 9 years until it surpasses it at the end of January, while diesel prices are 9.4% higher. Its previous high, since 2012.

Behind the increase, which has affected fuels since the beginning of this year, is mainly the rise in oil prices, which are currently at historic levels, and are likely to continue to rise after the US and UK imposed import bans. Russia’s crude decision, which the EU does not support, but does not reject.

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