ABC, CNN and NBC panels agree: the OPEC announcement is terrible news for Democrats!
Published: 10-10-2022 09:46
As oil prices surged following the announcement that OPEC and Russia would increase production, ABC, CNN and NBC panels warned viewers on Sunday that the move was "bad news for Democrats" as it could lead to a spike in gas prices ahead of the midterm elections.
The OPEC decision, which came after two days of meetings in Vienna, Austria, was a response to concerns that rising oil prices could hurt global economic growth. By increasing production, OPEC and Russia hope to keep prices from climbing too high.
But the move is likely to have an immediate impact on American consumers, as gas prices are expected to rise in the coming weeks. The average price of a gallon of regular gasoline in the United States has already climbed to .96, according to AAA, and experts say it could go even higher.
That's bad news for Democrats, who are facing tough midterm elections in November. Gas prices are often a key factor in how voters cast their ballots, and an increase could hurt Democratic candidates running in competitive races across the country.
In 2014, for example, then-President Barack Obama saw his approval rating drop sharply after gas prices rose during his second term. And just last month, Republicans used the issue to attack Democrats in an ad that claimed they were responsible for high gas prices.
Now, with gas prices on the rise again, Democrats are facing more criticism from Republicans on the issue. And with the midterms just around the corner, it's a problem they can't afford.
