what Affect, oil, Gas Prices on barack obama political

what Affect, oil, Gas Prices on barack obama political: High oil prices, political, crude oil pricees effect, average price for a gallon ; In fact, Obama raised the issue unsolicited in a series of town meetings in Virginia, California and Nevada that were ostensibly about his deficit-reduction plan. And he made the gas spike the subject of his weekly radio and Internet address Saturday. High oil prices have continued to drive gas prices higher, presenting a potential obstacle to President Obama's bid for re-election.

"My poll numbers go up and down depending on the latest crisis, and right now gas prices are weighing heavily on people," he told Democratic donors in Los Angeles this past week.

The average price for a gallon of regular gasoline in the U.S. now stands at $3.88 -- a full dollar more than this time last year. Rising crude prices have already pushed the average price above $4.00 a gallon in six states. Experts predict that number will rise this summer.

Deutsche Bank Economist: Obama Gas Probe a 'Political Action’
With the 2012 presidential campaign looming, Obama faces increasing political pressure over rising gasoline prices. Previous administrations have conducted similar inquiries after gasoline price spikes. Read More...

Obama knows political fortunes tied to gas prices
As Obama well knows, Americans love their cars and remain heavily dependent on them, and they don't hesitate to punish politicians when the cost of filling their tanks goes through the roof. Indeed, for presidents, responding to sudden surges is a recurring frustration. Read More...

As Oil Profits Soar, Obama Seeks Political Wedge
Both political parties are eager to harness the public’s growing, boiling rage over high gas prices. So far, Republicans must be pleased. A good chunk of the hit to President Barack Obama’s approval rating can be chalked up to pain at the pump. Read More...

Obama reissues call to end oil company tax breaks
Amid rising gasoline prices at the pump, President Barack Obama urged congressional leaders Tuesday to take steps to repeal oil industry tax breaks, reiterating a call he made in his 2012 budget proposal earlier this year. The White House conceded his plan would do nothing in the short term to lower gas prices. Read More...

what Affect, oil, Gas Prices on barack obama political ?

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