Rising gas prices give Obama's administration reason to worry

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President Barack Obama's advisers have reason to worry that rising gas prices could jeopardize his chance for re-election, reported Fox News.
Gas prices are steadily on the rise to the $4 mark, which gives Republicans a chance to play to voters' pocketbooks as general election comes nearer. The high prices gives the G.O.P. an opportunity to attack the president's energy programs and to show voters his economic plan is not working, the New York Times said.
Now prices are up 25 cents since January 1, reaching $3.53 per gallon, Fox News reported. Prices are said to reach $4.25 by April, news which is devastating to the Obama administration.
The administration is just coming off a high note as the presidents approval rating had gone up because of "better-than-expected job growth, a surging stock market and a payroll tax deal that will keep more money in the pockets of millions of Americans," the New York Times reported.
Republican candidate Rick Santorum already capitalized on the opportunity to criticize Democratic leaders. "They want higher energy prices. They want to push their radical agenda on the public. We need a president who is on the side of affordable energy," Santorum said according the New York Times.

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This page contains a single entry by lauxx175 published on February 19, 2012 4:12 PM.

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