Empirical estimates put the price elasticity of demand for gasoline in the US at close to zero. However, in recent years (i.e., the last 5 to 10 years), this is showing signs of changing. The war in Ukraine and the pandemic have led to high volatility in gas prices, including large spikes at a time when consumers' budgets are stretched thinner due to inflation. How high do you think the price of a gallon of gasoline can get before US consumers start to change behavior (i.e., before we see a decrease in quantity demanded), and more generally do you think we have reached the elastic portion of the demand curve in any time in this recent period? You can also share your personal experiences/reactions to changing gas prices.

US Energy Information Administration from 2014:

https://www.eia.gov/todayinenergy/detail.php?id=19191#:~:text=The%20price%20elasticity%20of%20motor,to%20raise%20automobile%20travel%201%25.