Les Wrote:
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> Rising gas prices threaten Obama
> By Ed Rogers
>
> I can’t match Carter’s prediction about
> Romney’s political demise if Santorum wins in
> Michigan. February 28th is too far away and I’m
> too heavily invested in predicting that Romney
> will be our nominee for me to change now. More on
> the Arizona and Michigan primaries later.
>
> It’s not a prediction, but it is underreported
> and I think underappreciated, how significant the
> rise in gasoline prices could be economically and
> therefore politically. Gasoline prices have a
> real-time impact on middle-class Americans and
> ultimately everybody feels it when there is an
> increase. We’re now at $3.51 a gallon, with
> speculation that it will go to $4.00 and maybe
> even $5.00 later this year. This is bad for
> everybody, and it’s very bad politically for
> President Obama. He has never made it plain that
> he is even against high gasoline prices. If he
> thinks they’re too high, I don’t know what his
> plan is to bring them down. It’s been very plain
> that he wants higher energy prices so Americans
> will use less of it. We know he wants to tax the
> oil companies, but if you tax a company, what
> tends to happen to the price of its product? Of
> course the prices go up. So isn’t that what he
> is for?
>
> I predict Obama is going to have an epiphany
> pretty soon, and he and his fellow Democrats will
> develop a straight-face call for lower gasoline
> prices. It won’t be easy, and the hypocrisy
> alarms will be blaring all over America.
>
>
http://www.npr.org/blogs/thetwo-way/2012/02/14/146
> 873765/in-france-drivers-face-gas-prices-of-8-a-ga
> llon
True, but Gas hits its high in May-June and bottoms out in November. Also, people are more used to higher gas prices, so the impact if any won't be much to hang your hat on.