Falling gas prices give Democrats a sense of optimism for November
by Rachel Frazin - 09/11/22 12:00 PM ET
Weeks of falling gas prices are dulling what had previously been a sharp Republican weapon, giving Democrats another glimmer of hope ahead of the midterm elections.
Months ago, sky-high gas prices were a major reason why Democrats’ prospects looked bleak.
But as candidates hit the homestretch ahead of the Nov. 8 midterms, the lower gas prices are giving reasons for Democrats to think they can be more competitive.
“It takes a lot of the effectiveness out of a cudgel when people aren’t seeing and feeling it as much,” Democratic strategist Eddie Vale said of gas prices.
Since hitting a June peak of $5.02 on average across the country, U.S. gasoline prices have fallen by $1.28 and are averaging about $3.74 per gallon as of Friday.
That’s still relatively high and up about 56 cents from a year ago. It’s about $1.18 higher compared to the same day in 2019, prior to the coronavirus pandemic.
Still, the prices are going in a better direction for consumers and the party in power.
Republicans have sought to make the election about inflation — with gas prices being a heavy target. But some polls suggest voters are now looking at other issues.
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https://thehill.com/policy/equilibrium-sustainability/3636506-falling-gas-prices-give-democrats-a-sense-of-optimism-for-november/