What Affect Will High Oil Prices Have on the 2012 Election
If
current trends continue, gasoline prices and U.S. energy policy seem
destined to play a larger role in the political debate prior to the
November elections than ever before. Gasoline on the East Coast is
already within striking distance of all-time highs and most
prognosticators are talking about the likelihood of $4+ gasoline before
summer. Although the U.S. consumer is more inured to $4 gasoline than
four years ago, the crossing of the $4 barrier is bound to set off
another round of recriminations and finger pointing as to just who or
what…
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