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Keyword: consumerpain

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  • Pump prices may put Obama in peril

    03/21/2011 3:54:33 AM PDT · by Scanian · 43 replies
    The Washington Times ^ | March 20, 2011 | Ralph Z. Hallow
    Consumers’ pain at the gas pump will likely be shared by President Obama at the polls in 2012 and could cost him a second term unless energy prices take a drastic turn for the better in the next 18 months. “Energy prices should be the Achilles’ heel for Obama,” said Scott Wheeler, executive director of a conservative political action committee. The average gasoline pump price across the country is $3.621 per gallon, the Energy Information Administration reported. Prices in some parts of the country are already topping $4 a gallon. And the uncertain global situation isn’t helping. “Unrest in the...