livingston
20×102mm Vulcan
Rising gas price projections complicate Biden's horizons
Analysts expect U.S. gasoline prices to rise as high as $4 per gallon by this summer, putting a pinch on drivers and exacerbating problems for President Biden.The White House has seen Biden’s approval ratings fall due to a mix of problems, including inflation and higher prices at the pump. In the last several weeks, administration officials have touted a slight drop in prices, claiming the fall is linked to various Biden policies.
But a new forecast from fuel price app GasBuddy released on Wednesday said fuel prices this June could climb to anywhere between $3.43 and $4.13 per gallon.
Prices at the higher end in particular would be an unwelcome development for Democrats in a midterm election year where they are already worried about losing their House and Senate majorities.
Other analysts, too, predict a rise in prices for the start of next year.
“So long as the message becomes clear that the presidency and the Democrats are all about making the burden at peoples’ pocketbooks easier, I’m sure that they can keep their support,” he said.
