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Rising Gas Prices Get Attention In 2012 Election

NEW YORK (CBS NEWS) - On another front in campaign 2012: Rising gasoline prices are getting the attention of both the White House and its Republican challengers. Gasoline is now the costliest it’s ever been this time of year — an average $3.56 per gallon, up 40 cents in a year. CBS News correspondent Whit Johnson explains what that means during a presidential election year.

Amid rising gas prices, Republican presidential hopefuls have a new line of attack.

“This president is anti-American energy,” said Newt Gingrich on FOX News Sunday. He was quick to point out the price for a gallon of gas is now $1.64 higher than when President Obama took office.

“So what I can guarantee you is the Obama program is higher prices, more dependency in the Middle East, more vulnerability to Saudi Arabia and Iraq and Iran — exactly the wrong direction,” said Gingrich.

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RobertButler Posted by on Feb 20 2012. Filed under 2012 Presidential Campaign. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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