• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
Schumer tanks popular insider trading ban in Dem effort to derail Republican’s agenda ahead of midterms

Schumer tanks popular insider trading ban in Dem effort to derail Republican’s agenda ahead of midterms

September 30, 2026
Treasury moves to automatically enroll millions of children in Trump Accounts

Treasury moves to automatically enroll millions of children in Trump Accounts

September 30, 2026
Elvis’s iconic sunglasses hitting auction block — and could sell for over K

Elvis’s iconic sunglasses hitting auction block — and could sell for over $26K

September 30, 2026
Jenn Colella, Jessica Phillips and More to Lead PERSUASION, A QUEER MODERN FARCE Industry Reading

Jenn Colella, Jessica Phillips and More to Lead PERSUASION, A QUEER MODERN FARCE Industry Reading

September 30, 2026
Millions of Americans are losing SNAP benefits: “It feels as though people are being punished”

Millions of Americans are losing SNAP benefits: “It feels as though people are being punished”

September 30, 2026
Facebook X (Twitter) Instagram
Just In
  • Schumer tanks popular insider trading ban in Dem effort to derail Republican’s agenda ahead of midterms
  • Treasury moves to automatically enroll millions of children in Trump Accounts
  • Elvis’s iconic sunglasses hitting auction block — and could sell for over $26K
  • Jenn Colella, Jessica Phillips and More to Lead PERSUASION, A QUEER MODERN FARCE Industry Reading
  • Millions of Americans are losing SNAP benefits: “It feels as though people are being punished”
  • These 17 Expensive-Looking Amazon Pieces Are a Cheat Code for Women Over 50 Who Want to Look *So* Chic
  • Teen killer avoids state’s first female execution in over 200 years – for now
  • GOP fortress is under threat in one key red state, and these voters could decide whether it falls
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » Republicans could feel ‘same fate’ as Democrats as gas prices are elevated ahead of midterms, expert says
Business

Republicans could feel ‘same fate’ as Democrats as gas prices are elevated ahead of midterms, expert says

staffstaffSeptember 30, 20261 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
Republicans could feel ‘same fate’ as Democrats as gas prices are elevated ahead of midterms, expert says

Elevated gas prices ahead of November’s midterm elections could make Republicans feel the “same fate” the Democrats did in 2022, when prices that summer hit an average of $5 a gallon, an expert told FOX Business. 

Patrick De Haan, the head of petroleum analysis at GasBuddy, made the remark this week as the national average for a gallon of gas currently sits at $4.42 Wednesday, according to GasBuddy data. Four years ago, the Democrats lost their slim majority in the House of Representatives after controlling both chambers heading into the election, like the Republicans do now. 

“Traditionally, high gas prices going into an election have a negative impact on the incumbent party. Democrats were hurt with high prices in 2022, and Republicans could feel that same fate in 2026,” De Haan told FOX Business. “Especially with fuel prices being so actively discussed in the media, it’s a common reminder for Americans that prices remain very elevated, both on gasoline and for diesel.

“So, generally speaking, high gas prices going into an election hurt an incumbent party and that’s probably why we are seeing politicians at various levels trying to address the high prices,” De Haan continued. “The Trump administration is looking at the potential for a diesel export ban in hopes of reducing diesel prices, something that may be short-lived with a ban. Other states, like Indiana and Georgia now, and potentially Ohio, are all looking at gas tax relief, something that is also showing up in other states. Governor Newsom is waiving California’s fuel requirements to hopefully bring the onset of falling prices.” 

CEO WARNS HIGH DIESEL COSTS COULD TRIGGER A ‘VICIOUS CYCLE’ OF SURGING FOOD PRICES

De Haan said overall, there have been “a lot of political maneuvers ahead of the election here to drive prices down when they’ve been very high for seven months.” 

White House spokeswoman Taylor Rogers told FOX Business, “President Trump remains committed to unleashing American energy dominance, cutting costs, and putting more money back in the pockets of hardworking American families. 

“A few weeks ago, the president met with nearly a dozen refiners at the White House to discuss ways to expand our refining capacity, which will lower prices at the pump,” she said in a statement. “As the U.S. continues to maintain full control of the Strait of Hormuz, oil and gas prices will fall back to pre-conflict levels.”

IRAN WAR COSTS US HOUSEHOLDS $860 MORE IN HIGHER ENERGY PRICES

Person pumps gas in Texas

In a recent Fox News Poll conducted in mid-September, 61% of voters said the cost of gas prices is a major problem for them, up from 48% two years ago. 

De Haan said gas prices “could” drop before November’s midterm elections, but “how much better is really contingent on how these geopolitical tensions that have had a major impact on prices the last seven months continue to unfold. 

“Generally speaking, gas prices do usually moderate in the fall, regardless of political year or election. Gas prices always decline in the autumn as the nation transitions back to cheaper winter gasoline and as gasoline demand progressively declines with the onset of colder weather. So traditionally there are tailwinds, gas prices declining, progressively through September, October, November,” he said. “This year, of course, with geopolitical tensions between the U.S. and Iran and Ukraine and Russia, have at least for now temporarily delayed that decline, and they could impact that decline in the weeks ahead. 

Early voting in Illinois

       

“For now though, the price of oil has declined somewhat as some oil is getting through the Strait of Hormuz, so it is possible that we could start to see some declines materialize, though it still could be a volatile time ahead of the election as these geopolitical tensions do continue to play a role,” De Haan also told FOX Business. 

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

Treasury moves to automatically enroll millions of children in Trump Accounts

Treasury moves to automatically enroll millions of children in Trump Accounts

Treasury exposes terror network Tren de Aragua’s M US ATM ‘jackpotting’ plot

Treasury exposes terror network Tren de Aragua’s $40M US ATM ‘jackpotting’ plot

Six Flags retires X2 roller coaster after multiple lawsuits allege traumatic brain injuries

Six Flags retires X2 roller coaster after multiple lawsuits allege traumatic brain injuries

US economy grew at a faster pace than expected in second quarter

US economy grew at a faster pace than expected in second quarter

Top real estate mogul issues stark warning as California buyers say ‘enough is enough’ on taxes

Top real estate mogul issues stark warning as California buyers say ‘enough is enough’ on taxes

More homes, more price cuts – but buyers still aren’t biting as mortgage rates climb

More homes, more price cuts – but buyers still aren’t biting as mortgage rates climb

Historic B Iowa steel plant signals Trump tariff strategy is taking shape, industry leader says

Historic $15B Iowa steel plant signals Trump tariff strategy is taking shape, industry leader says

Alaska Airlines goes all-in on luxury with sweeping premium cabin overhaul

Alaska Airlines goes all-in on luxury with sweeping premium cabin overhaul

Trump signs executive order rebranding AI as ‘Super Intelligence’ as tech titans ink separate SI accord

Trump signs executive order rebranding AI as ‘Super Intelligence’ as tech titans ink separate SI accord

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?