There are plenty of similarities between Presidents Obama and Carter, but today there is one in particular worth noting. As of today, gas prices have officially doubled under Obama. The only other President to have that occur in their first term? Carter. We all remember how well that re-election campaign worked out.
Reports US News and World Report:
Obama has hit one more Carter benchmark – both saw gas prices double in their first term of office.
In fact, while just barely, Obama has seen an even higher gas price increase than Carter dealt with under his administration.
Under the Carter administration, gas prices increased by 103.77 percent. Gas prices since Obama took office have risen by 103.79 percent. [Peak emphasis[
The Obama campaign is frightened of the damage that high gas prices are doing to Obama. The best proof of that?
Other proof high gas prices are gouging Obama's support? A recent Washington Post/ABC News poll that shows 2/3 of Americans disapprove of Obama’s handling of high gas prices.
With Obama's Energy Secretary on record saying he wanted gas prices to reach European levels, which have surpassed $8/gallon, we honestly don't know how Obama's campaign expects to deflect blame.
If the person you put in charge of your energy policy says he wants to raise gas prices, and then gas prices double under your tenure, how in the world are you going to convince people it's not your fault?