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Will High Gas Prices Hurt Obama?

Oil hit a 9-month high yesterday thanks to Iran halting exports to Europe in advance of a ban on Persian oil. Pundits have in recent days been crowing that the resulting higher gas prices, which could go above $4 a gallon within the next few weeks if tensions in Iran continue, could hurt the presidents’ election prospects. Republicans like John Boehner are urging conservative politicians to embrace “pump anger.
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Dan Dorfman: Risky Roadmap to $7 a Gallon Gas

Business & Finance : Huffington Post: Business Blog (4 years ago)

Some Persian Gulf watchers say more political uprisings, swelling strife throughout the Middle East,mean likely oil supply disruptions, higher crude prices and a bigger bite at the gas pump, perhaps as much as $7 a gallon. Read Post

Chart of the Day: Oil vs. Gasoline Prices

Business & Finance : Carpe Diem (3 years ago)

The chart above from GasBuddy shows regular gas prices and crude oil prices over the last three months. Gas prices have increased by about 7.5% over the last three months from $3.34 to $3.59 per gallon, while crude oil prices have i... Read Post

Oil hits 8-month high

Business & Finance : Business Report (3 years ago)

Brent crude rose, briefly hitting an eight-month high above $121 a barrel, as Iran halted exports to British and French companies ahead of a European Union embargo. ||| Brent crude rose on Monday, briefly hitting an eight-month high... Read Post


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