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US Gas Hits $4.48 as Iran War Costs Spark Voter Backlash

By Markets Desk · · 1 min read
A gas pump nozzle resting on a concrete forecourt
Illustration: Tradingbird, based on a photo published by sana.sy

National gasoline prices reached $4.48 per gallon on September 20, a significant jump that is reshaping the political landscape ahead of the midterms.

Key points

  • US gasoline prices reached $4.48 per gallon on September 20, up from $4.10 in August and $3.19 a year ago.
  • President Trump described the high fuel costs as an inexpensive price to pay for the conflict with Iran.
  • A Fox News poll found 61% of registered voters consider gasoline prices a major household problem.

The national average price for regular gasoline climbed to $4.48 per gallon on September 20. This figure marks a sharp increase from $4.10 just one month prior. The price was $3.19 exactly one year ago, according to data from AAA.

President Donald Trump defended these costs as an inexpensive price to pay. He linked the expenditure directly to the ongoing conflict with Iran. The administration argues this spending prevents Tehran from acquiring nuclear weapons.

Voter frustration spans political lines

Interviews in five states revealed widespread dissatisfaction among voters. Democratic, Republican, and independent citizens all cited high fuel costs. Many expressed concern about how these prices affect their household budgets.

Some Trump supporters remain loyal despite the economic impact. However, others said the rising costs reinforced their support for Democrats. The political consequences of these price hikes are currently unfolding.

Polling data shows shifting priorities

A Fox News poll found 61% of voters see gas as a major problem. This percentage is up from 48% two years earlier. The data indicates that affordability is becoming a central campaign issue.

Additionally, 63% of respondents believe the current administration worsened the economy. Views on this matter differ significantly by party affiliation. These findings highlight the growing economic anxiety among the electorate.

Market volatility drives price spikes

AAA attributed the recent price increases to elevated crude oil costs. Volatility around the Strait of Hormuz also contributed to the rise. These geopolitical factors continue to exert pressure on global fuel supply chains.

The source sana.sy reports that these trends are gaining attention. Early voting has begun in some states. The final outcome of the midterms will depend on local turnout and candidate performance.

Based on reporting by sana.sy, compiled by the Tradingbird desk.

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