Economics, Energy and the Environment

How do voters feel about high gas prices?

They don’t like ‘em: CBS post-primary exit polls in seven states found that “77 percent of those voting in seven Super Tuesday states say rising gas prices were the most important factor in their vote.”

The article observes that “Voters in Super Tuesday contests say gas prices were the most critical factor in their vote.”

Will that have implications for the 2012 presidential election? You betcha:

On Wednesday in Washington D.C., there was a hearing where Republicans and Democrats offered very different views of how to deal with this issue from a policy perspective: Democrats are urging conservation and tax breaks for electric vehicles with Republicans urging a dramatic expansion of drilling. So, according to the exit polls, that division will be a key factor in elections this fall.

Watch for more disingenuous claims by the Obama administration about recent increases in domestic oil and gas production, which happened despite their best efforts, not because of them. And, watch for Democrats to crank up the Bueller mode, claiming credit for inventing the technology that led to the shale gas boom.

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