Low Gas Prices Don’t Seem to be Moving the Needle for Trump—and He’s No Exception Historically By Kyle Kondik
KEY POINTS FROM THIS ARTICLE
— The price of a gallon of gasoline in President Trump’s first year in office has been relatively low, with gas recently dipping under $3 a gallon on average for the first time in half a decade, when the pandemic was having a major effect on the economy and society at large.
— That said, Trump’s overall approval rating remains underwater, and it is weaker now than it was a few months ago. Trump’s approval numbers on the economy and inflation—the latter of which would seem to be most connected to the price of gasoline—are weaker than his overall approval.
— There is some connection, historically, between gas prices and presidential approval, but that connection has been weaker lately.