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Jesse Contario

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Rising Gas Prices May Hurt Obama, but Republicans Poised to Overplay Their Hand

Posted: 03/14/2012 4:24 pm

Republicans hope to turn high gas prices into electoral gains, but voters don't yet blame Obama for skyrocketing prices and more think Democrats will do a better job than Republicans on energy.

Washington Post/ABC and CBS/New York Times released polling this week showing Obama's standing weakened due to rising gas prices. Though his ratings dropped, the correlation with rising gas prices does not necessarily mean causation; other factors could be at work. In the case of WaPo/ABC this month's sample was more Republican-leaning than February, likely a natural fluctuation in party ID but worth noting. Further, polls released since Monday have not shown the same downward trend (noted here).

While the jury is out on whether rising gas prices have hurt Obama's overall standing, it is clear voters disapprove of his energy policy and handling of the "situation with gas prices" (WaPo/ABC). And majorities believe it is in his power to reduce gas prices (in WaPo/ABC and NYT/CBS).

But several signs indicate Republicans hoping to capitalize on this crisis should proceed with caution.

Disapproval of Obama's energy policy and dealing with gas prices does not translate into blame. Pew/WaPo found a plurality (24%) unsure who to blame for rising gas prices and though 18% blame Obama nearly as many blame oil companies (14%) or Iran/Middle East unrest (11%).

Despite what Newt thinks, voters are not averse to driving more fuel-efficient cars. In 2011 CNN and Fox News found majorities (or near majorities) considering purchasing a more fuel efficient car due to rising gas prices. Similarly Pew found just as many support tax incentives for driving fuel efficient vehicles as favor increased offshore drilling.

And Bloomberg finds nearly as much support for investing in alternative energy (46%) as expanded domestic drilling (49%) to reduce our dependence on foreign oil.

Considering voter support for energy policies beyond expanded drilling, it should come as no surprise that more trust Democrats than Republicans to deal with our energy problem in today's Pew poll.

No doubt rising gas prices pose a serious threat to our fragile economic recovery, and could very well hurt the president's reelection chances should they lead to a double-dip recession. But Republicans hoping to capitalize on this crisis pursue a "drill baby drill" platform at their own peril. Voters want a serious, multifaceted energy policy, something Republicans have yet to deliver.

 

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12:28 AM on 03/17/2012
I got just over 2 gallons today for ten bucks. Thanks Obama, Everytime I pay for gas I thank Obama for doing nothing and cant wait to vote him out of office. Funny, Bush was able to bring prices under control when they skyrocketed,Guess Obama isnt as smart as he thinks he is or he doesnt give a rip that America is being looted daily. Suppose when the taxpayers are paying for your gas, vacations and kobe beef, noone else matters.
satyrday
If my micro-bio is way too long, will it be trunca
01:21 PM on 03/19/2012
Bush got them under control by crashing the economy, and making demand plummet.

Should Obama do that?
09:43 PM on 03/19/2012
Wrong, Bush opened up more drilling and tapped the Petroleum reserves, Its called supply and demand, Or to OBAMA a magic wand.
The housuing bubble crashed the economy, not gas prices or demand for gas.

So yes Obama should end moratoreum on oil drilling approve pipeline add 20000 jobs to the economy or do us all a favor and leave office before being thrown out.
11:50 PM on 03/24/2012
When Bush was president Republicans through the country cried, "what can he do?" Bush claimed doing things to benefit big oil would help (trickle down), but it didn't and they got richer. And I bet if he came out with new anti-gouging legislation and regulations for oil speculation Republicans would get all up in arms. What more is there?

Oh and if we get a republican president remember...many of them want more wars in the middle east. How do you think that will effect the price of gas?
06:50 PM on 03/16/2012
If a one-dollar-per-gallon tax would act as an incentive to purchase more fuel efficient cars, the US would raise 146 bn dollars in tax which could be spent in the US rather than sent to the arabs and the norwegians. The cost of driving would remain the same, after all a 30-40% increase in mileage is easily feasible. Oil imports would go down, balance of trade would improve. Tax on gas is patriotic! Proud americans should vote for higher gas prices and ask GM to close the engine-efficiency gap between US and rest-of-the-world to give american citizens their deserved competitive edge.
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dbrett480
06:34 PM on 03/16/2012
The only thing that might hurt Obama with regards to gas prices is the XL pipeline. He hasn't really given a good reason to oppose this project, and Republicans can use this against him.
03:19 PM on 03/16/2012
I'm all for fuel efficient cars and alternate sources of energy. But Democrats have fought exploration and construction of new refineries for decades. The quickest and easiest way to lower gas prices would be to abandon those policies.
09:33 AM on 03/15/2012
I agree with you which is why I think it is foolish for the president to over expose himself talking about this subject when he has nothing positive to announce like real action against speculators or that he has called the big oil compant executives to the white house but short of such boldness he should leave the job of talking about gas prices to other democrats or his pokespeople,
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noaxe397
06:20 AM on 03/15/2012
Even though conservatives overplay their hand (as they do on every issue) they do succeed in inexorably moving the country right ward.
03:16 PM on 03/16/2012
Whaaa???! ! ! Despite conservatives outnumbering liberals by 2 to 1 the country has been moving to the left for almost a hundred years. I can't think of a single issue on which the country has moved to the right. Can you?
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noaxe397
03:15 AM on 03/18/2012
Lower taxes for rich people and higher taxes for working people.....................Repealing the federal garauntee of public assistance.....................Repressing a woman's constitutional right to an abortion..................
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Ryan Kenneth Leddy
Facts have a liberal bias.
06:54 PM on 03/14/2012
In the short-term, only we the American People can lower fuel costs by lowering consumption. In the mean time, we need to increase research, development, and deployment of alternative energy in order to find ways to make solar panels and nuclear energy more cost efficient and to continue research on making fracking less environmentally damaging and methods on how to properly dispose the waste left behind from fracking.

America is about a decade behind the rest of the world where it comes to alternative energy. While Europe, Asia, and middle oil-rich Middle Eastern countries were developing alternative forms of energy to increase energy independence, the US was busy waging a decade plus of war and pi$$ing away it's surpluses into huge deficits.
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DianneinCA
running forward, laughing...
06:32 PM on 03/14/2012
Republicans have shown the reverse Mida's touch is in full affect. Every thing they touch they turn to dirt. They hope for continued unemployment and lose, they hope for higher gas prices and they lose. Even if the gas prices hurt the President, it will hurt the Republicans more due to their undisguised glee in the higher prices.
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Leigh49
Hey, you, get off of my cloud
06:31 PM on 03/14/2012
These polls are rather loaded. I have a friend who took one of these polls and told them she disapproved of president Obama but she still plans to vote for him. She says she hopes it will make Obama try harder. Funny.
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GDWhiteman
Christian mystic iconoclast
08:02 AM on 03/15/2012
Even those of us who are seriously disappointed with Obama in some respects are still glad he's not a Republican. Imagine the horror of having to choose between what the GOP offers and a sitting president who's difficult to differential from them. Someone needs to tell the GOP that hubris is not a virtue. My suggestion is that we "inform" them via the ballot box in Nov and at every other opportunity until they get it.
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Leigh49
Hey, you, get off of my cloud
01:12 PM on 03/15/2012
You said it!
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Rightbrainedleftwinged
GOP Motto: If you can't beat em cheat em.
06:09 PM on 03/14/2012
That would not work with oil speculators. We have had periods like right now, where they just jack up prices because of fear of what "might" happen in Iran. They don't even think of the fact that America is way more energy independent since Obama came into office. Anyone who tries to blame Obama for this, just tell them, that any new drilling will not be useable for oil for 10 years. Americans fall for the lies, but if Obama makes a good case for energy independence and the turmoil in the mid-east and north Africa, I think he'll be okay.
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Rightbrainedleftwinged
GOP Motto: If you can't beat em cheat em.
06:06 PM on 03/14/2012
I think Obama will win regardless of gas prices, because Democrats rarely have a presidential election where they get slammed in all the races. It's the midterms we tend to get screwed. I think as Fox news pointed out when Bush was president, that high gas prices aren't really due to whose in office. Now that they have a president they don't like, surprise surprise? Bill O'Reilly thinks Obama's high taxes and reluctance to drill is the reason prices are high, and opening up drilling in national parks, and wildlife preserves will suddenly make oil companies happy and cut the prices.
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SageFire
Research Vote by Mail
05:00 PM on 03/14/2012
There really needs to be a follow up question to understand the ramification of these polls. For example how many of those who disapprove of the President's policy want him to take a more progressive stance? The assumption seems to be that this is good news for the GOP and that is not necessarily the reality. Without that ONE additional question answered we don't know.

I disagree with any energy policy that doesn't put renewable energy solutions at the top of the priority list period and will never move my vote to a more right wing candidate just because I "disapprove" of the President's energy policy as it stands.
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GDWhiteman
Christian mystic iconoclast
08:06 AM on 03/15/2012
Count me as one of those who wish Obama was more progressive. But he's dealing with a congress whose 1st goal is to make him look bad before they consider anything that's good for the people of the USA. As far as I can tell, the GOP has failed in their 1st goal and are merely doubling down on that while ignoring what matters.