Gas Price Up; Headed for Record? Gas prices continued an upward climb, settling at $3.59 a gallon for the week of Feb. 20. Will rising gas prices sink Obama? It's not even summer yet, and gas prices are already soaring. The national average for a gallon of gasoline hit $3.57 this week. So what's causing the spike? And could high gas prices end up demolishing President Obama's slowly recovering poll numbers? Read full article >> The Economic Benefit of Rising Gas Prices American's love of cars is running into a speed bump as gas prices rise toward the $4 mark. Unfortunately, consumers' paychecks are either remaining static or declining. To save at the pump, consumers are required to be creative at meeting their goals while simultaneously saving money. On first blush, there seems almost no benefit to ... Gas Prices Already Top $4 a Gallon in Three States Consumers have been warned to expect a gallon of regular to cost $4 by springtime. For drivers in three states, four bucks or more per gallon is already a reality. Gas prices stretching toward $4 a gallon Increases fueled by demand in China and India, turmoil in Mideast Increases fueled by demand in China and India, turmoil in Mideast ETFs for Natural Gas Natural gas exchange traded funds have been on a four-year losing streak as improvements in extraction techniques helped create a glut in supply. However, natural gas prices may finally reverse as companies ... Gas price spike pumping up fears Potential increase to record highs could slow economy, analysts say Roiled by the specter of Iranian oil cutoffs, gas prices are crossing the $4-a-gallon threshold in some parts of the country. High gas prices: How big a problem for Obama? The last five times gas prices have spiked, the incumbent party has lost the presidential election. On Tuesday, the national average price of gasoline was $3.57 a gallon. Could Higher Gas Pump Prices Leave Obama Running On Empty? Could higher gas prices hurt President Obama's chances at re-election. Five Thirty Eight blogger Nate Silver and economists have looked for a correlation between higher energy prices and the fortunes of the incumbent party and found a link though not a strong one. Spike in gas prices could stall economy Potential increase to record highs could slow economy, analysts say Gas prices are rising at a record pace, crossing the $4-a-gallon threshold in some parts of the country, and threatening to break an all-time high and jeopardize the economic recovery.
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