According to Fox News, if gas prices continue to spike, his popularity could take a hit when it comes to the presidential election this Fall. Recent polls show President Obama's popularity has risen recently. Now Fox News said spiking gas prices could be a detriment to the president's popularity with the American people. Prices for unleaded regular gasoline have spiked 12 cents on average within the past three weeks. According to many analysts, they are poised to climb higher this spring likely breaking the $4 a gallon barrier, and could hold steady throughout the summer months. The excuses for the gasoline spikes are uncertainty in the oil-rich Middle East, and some U.S. refineries being taken off-line for maintenance in advance of spring blending changes. Larry Saboto, political scientist at the University of Virginia, used a chart to show a correlation between a president's unpopularity and high gasoline prices dating back to the Carter administration. The day President Obama was inaugurated, the average price of a gallon of gas was $1.84. Today the average price is $3.52, a spike of over 90 percent. The highest average price per gallon was during the Bush administration when it average $3.81 a gallon.
I predict regardless how high the price of gasoline rises between now and the presidential election in November, it's not going to adversely affect President Obama's chances at re-election. Given the fact the choice of GOP candidates is weak and there's a possibility of a third-party candidate running for president this year, President Obama's chances of winning re-election are very likely, sad to say. Right now if the presidential election were being held today and President Obama faces Mitt Romney in November, President Obama defeats Romney by a percentage of 49% - 42%, according to a CBS/New York Times survey. Regardless what happens concerning gas prices, I don't think it will stop President Obama's chances of re-election this fall. I believe the forces of Nimrod want President Obama to win in November. I wish I was wrong but I don't feel confident Romney or any other GOP candidate will beat Obama in November.
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