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Gas Prices on the Rise as Campaign Issue

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  • Description

    FBN’s Dennis Kneale on rising gas prices’ impact on the Presidential race.

  • Duration 2:15
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This transcript is automatically generated

And a CEO on how it this is -- map and out items.

I it's okay if you think things -- let's figure out first should high gas prices become a campaign issue that will damage the president.

Maybe not this is markets not politics.

A president can't defy the laws of supply and demand he got I ran volatility unpredictability got China India Brazil industrialization.

But will gas prices become a campaign issue.

Probably self look at these five battleground state suggests how expensive gasoline is getting there Florida three dollars -- two cents an ounce.

North Carolina 37.

366 Ohio 350.

Look at how much that's hot because it's a change of -- people up 16% in Florida with 29 electoral votes guys up 15% and then Virginia 14% New Hampshire.

-- -- -- could get -- on two fronts.

He claims credit.

In his State of the Union Address for new domestic drilling and all that yet he -- at the Keystone Pipeline.

Dubbed it the energy -- approving only three deep water permits a month instead of seven usually shallow water permits.

-- five per month and set up fifteen per month historically.

In the Wall Street Journal today and on the second front -- -- -- Obama let's remember that classic question from Ronald Reagan.

Are you better off than you were four years ago gas prices are that touch point that American see most into the women -- both the shopping in this country.

But women -- men both buy gasoline and when they see that price of the pump.

That -- a more direct impact and that starts to work against an incumbent it's it just to give his that's a constant billboard isn't it those prices are -- permanency and every.

Street corner every now yeah they really are and and even a person who doesn't drive fact.

The barely owned the car and thirty years when you rent a car that what you're going to sexy looking alone is trying to beat -- out.

Yeah I sure am and it really does kind of wrinkle -- -- you Begin to feel like you don't have control over the most basic things of life.

-- -- this is not going to trigger inflation in thirty years higher oil has never.

Triggered inflation it is -- -- there's been -- money over here on gasoline.

You don't have -- roundup and other sites you -- some spikes and you -- -- their but then prices don't go up elsewhere because you don't have the money to spend on the other stuff.

That's -- for the where about a from that standpoint Alan thank you Dennis Neil I think -- that.

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