The rise and fall of gas prices is a hot political issue in this election. But will those high prices impact the out come of the election? After all, more money spent at the pump means less money spent at local businesses.
A New York Times blog took a look at the politics of gas prices. Read the full story here.
"Gasoline prices are as predictable a political issue in a presidential election campaign as taxes or unemployment, even though presidents have little if any control over them. So it’s hardly news that Mitt Romney noted in Tuesday night’s debate that gas prices are roughly twice as high as they were when President Obama came to office."
The blog post notes that the majority of states with the highest gas prices – California, New York, Oregon and Washington – are Obama strongholds. While most of the states with the cheapest gas prices tend to be Southern and Romney strongholds – Texas, Louisiana, Oklahoma, Mississippi and Alabama.
"Republicans are right when they say gas prices are very high this year," the blog continues. "According to AAA, the national average price for regular gas is more than 25 cents a gallon higher than it was this time last year, and 2011’s prices were not low."
However, gas prices have come down about 11 cents in the past month, and energy experts say they should continue to decrease as the election approaches and as refiners switch to their seasonal fall blends.
How much will gas prices impact your vote?
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