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Will Forecast of Rising Gas Price Affect Presidential Race?

bigdan1000 Wrote: Oct 07, 2012 7:56 AM
Romney needs to push his energy policy of more production, and explain how the increase in production will bring gas prices down over time.

The Drudge Report is cheekily labeling an article about the outrageous gas prices and gas shortage in Southern California the "October Surprise." While it's unlikely even $4-$5 (and up) a gallon gas prices will turn Californians into Romney fans, CNBC is reporting that gas prices are likely to keep rising in October:

"It will only take another refinery issue and a bit more of geopolitical noise to have the first U.S. election at a US average gasoline price of $4 a gallon," says energy analyst Olivier Jakob of Petromatrix

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