03/12/12

Permalink US gas price hike delivers blow to Obama’s job approval

A recent survey shows that, following the recent hike in gasoline prices in the United States, President Barack Obama’s job approval has plunged to below 50 percent. - According to the survey conducted by the ABC news and the Washington Post, only 46 percent of Americans now approved of the way Obama is handling his job. Fifty percent of the respondents voiced disapproval on Obama’s performance. Furthermore, fifty nine percent of Americans have given the US president a negative review on the economy issue and 65 percent have disapproved of his handling of the gas price situation in particular. The nationwide average price of gasoline has climbed to USD 3.81 a gallon, marking an even further rise during the past two weeks. The gas price is 30.87 cents higher than a year earlier when the average was USD 3.50. The survey also showed that if the US presidential election was held today, Republican frontrunner Mitt Romney would beat Obama 49 percent to 47 percent.

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