E2-Wire

GOP senator: Falling pump prices ‘one less arrow’ against Obama

{mosads}Capitol Hill Republicans and GOP White House hopefuls have hammered the administration during this year’s run-up in gasoline prices, helping to push energy policy to the forefront of the political agenda.

But average regular gasoline prices have been falling for the last several weeks after reaching a peak of $3.94 per gallon in early April.

The Energy Department’s forecasting arm recently walked back its prediction that the average would break $4 during the summer driving season. Prices are currently averaging almost $3.73 per gallon, according to AAA.

“I think the issue in the presidential election is the Obama economy,” Alexander said at the event, hosted by Politico.

Tags

The Hill has removed its comment section, as there are many other forums for readers to participate in the conversation. We invite you to join the discussion on Facebook and Twitter.

Most Popular

Load more

Video

See all Video