Tags: gas | price | election | debate

Republicans Poised to Pounce on Gas Spike

Monday, 06 Aug 2012 04:38 PM

By Patrick Hobin

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Gas costs skyrocketed 5.1 percent during July, the highest increase for the month since at least 2000, according to The Hill, a development which could enable Republicans to keep the country’s focus on the sluggish economy leading up to the election.

“Watching the national average last week, one might have expected war broke out in the Middle East or a major hurricane shutting down production, neither of which happened, yet gasoline prices spiked,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan, according to CBS 6 Richmond. “The scary thought is what may happen to gasoline prices should one of the two actually take place. The Great Lakes was hosed with refinery issues and a major oil pipeline issue, and while other regions saw increases, they paled in comparison to those in the Great Lakes states.”

The nationwide average for regular gasoline is $3.60-per-gallon, a 24-cent rise over the past four weeks, according to AAA. The prices, which had fallen below $78-per-barrel for U.S. crude in June, are expected to climb even higher.

“I am expecting that over the next couple of weeks, gasoline prices are going to continue to drift up another 10 cents a gallon,” Andrew Lipow, president of Lipow Oil Associates, told The Hill. He predicts a peak in the range of $3.70 to $3.80.

Analysts told The Hill that they believe prices will drop again in September but it leaves Republicans a few weeks to blame Obama and Democrats for spiking prices.

Kirsten Kukowski, a spokeswoman for the Republican National Committee, told The Hill that gas prices will be part of their overall economic message. “We are going to be talking about every economic factor,” she said.

The National Republican Senatorial Committee intends to use the pain at the pump to criticize some Senate Democrats and Obama over the prices.

“The NRSC fully intends to highlight the disastrous effects President Obama’s EPA has had on our nation’s energy prices including their rejection of the Keystone Pipeline,” spokesman Lance Trover said, according to The Hill.

In February, the New York Times reported that House officials were preparing for Republicans to use angst about gas prices to help their argument that Obama is incapable of turning around the economy. Speaker John Boehner instructed fellow Republicans to embrace the gas-pump anger they find among their constituents, according to the Times.

“This debate is a debate we want to have,” Boehner told his conference in February, the Times reported. “It was reported this week that we’ll soon see $4-a-gallon gas prices. Maybe higher. Certainly, this summer will see the highest gas prices in years. Your constituents saw those reports, and they’ll be talking about it.”

In March, Mitt Romney accused Obama of having a presidential policy intended to “see energy prices rise,” the Times reported, and mocked the president for once saying that he would like gasoline prices to “change gradually.”

Gas prices before Obama took office were a favorite point of criticism for Democrats, including Obama, who criticized President Bush for high gas prices at a campaign stop. “At a time when our economy is in turmoil, when wages are stagnant, hardworking families are struggling to pay rising costs, few costs obviously are rising faster than the ones people pay at the pump,” Obama said.

“When George Bush asked Dick Cheney to come up with our energy policy a few years ago, he met with the environmental groups once he met with the renewable energy groups once, he met with the oil and gas companies 40 times. So it’s not surprising then that the laws that have come out of have been good for the oil companies, not so good for the consumers.”

That was tame compared to his party colleagues.

Former Democratic National Committee Chairman Terry McAuliffe said at an event, "The Bush administration is in the pocket of big oil, and it is hurting Americans in the pocketbook. They are so deep in the pocket of big oil, we need to drill down just to find them."

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

BLM-Owned Nevada Land Could Contain All of New England

Thursday, 24 Apr 2014 13:41 PM

All of the New England states would fit in all of the land owned by the U.S. Bureau of Land Management (BLM), with some  . . .

Fla. Candidate Crist Courts Green Vote Without Mentioning Green Costs

Thursday, 24 Apr 2014 13:32 PM

Florida gubernatorial candidate Charlie Crist, a Democrat, has vowed to use his future authority as governor to impose r . . .

Border Patrol Blimps Help Catch Illegal Immigrants in South Texas

Thursday, 24 Apr 2014 12:54 PM

More than 100,000 illegal immigrants, including narcotics smugglers and convicted criminals, have been caught by the U.S . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved