Gas prices were the big issue early in the summer, but under President Biden, prices have fallen for 76 straight days.
The News: Gas Prices Now Average Under $4 A Gallon
White House Chief of Staff Ron Klain tweeted:
76 straight days of gas prices falling, per @AAAnews …
1 in 10 gas pumps now at $3.18 or lower, per @GasBuddyGuy https://t.co/bJgCZaYGp1
— Ronald Klain (@WHCOS) August 29, 2022
According to AAA, gas prices have fallen forty cents in the last month from $4.25 per gallon to $3.85 per gallon. Gas prices remain up seventy cents per gallon from where they were one year ago, but they have been down $1.86 per gallon since June 14, 2022. If gas prices continue to decrease at their current rate, the price of a gallon of gas will return to previous levels in less than two months.
Our View: Democrats’ Midterm Outlook Improves As Gas Prices Drop
There are many reasons for Democratic fortunes improving for the midterm election. …