Did rising oil prices become one of the biggest reasons behind the Republican Party’s stunning midterm setback?
In this conversation, Bob McNally, author and former White House energy adviser, explains how surging oil and fuel prices hurt President Donald Trump politically. While the price spike was driven by the international conflict with Iran, many Americans were unconvinced that the rising costs were beyond the president’s control.
For voters already struggling with the cost of living, higher petrol prices became a visible reminder of economic pressure. Reuters/Ipsos polling ahead of the midterms found that 77% of registered voters held Trump at least partly responsible for rising gasoline prices. The AP’s post-election analysis also identified inflation and everyday costs as major factors behind the Republican losses.
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