Gas Prices Drop Significantly Ahead of the 2024 Election, Boosting Kamala Harris's Chances
Thursday, 12 September 2024, 11:14
Impact of Falling Gas Prices on the 2024 Presidential Election
As gas prices fall below $3 per gallon, many analysts speculate about possible effects on the 2024 presidential election.
Current Trends in Gas Prices
- The national average for gas prices as of Thursday stands at $3.242 per gallon according to AAA.
- Prices have seen a decline from $3.443 last month and $3.836 this time last year.
- Fuel analysts predict this average may sink below $3 this October.
Long-term Trends and Economic Implications
- Gas prices have witnessed a consistent drop for six weeks.
- Compared to early September, prices have decreased 7.2 cents per gallon.
- Oil prices recently fell 8%, marking the lowest value since 2021.
Conclusion: Political Ramifications
For Kamala Harris, these developments may provide a favorable backdrop as she campaigns for the 2024 election, potentially reshaping voter priorities in light of inflation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.