The utterly loathesome Obama hatchetman took to Twitter back in May to puff out his chest over gas prices declining over a six week stretch.
Gas prices have been going down for the past six weeks. You think the GOP will blame the President?cnnmon.ie/J1T1BA
— David Axelrod (@davidaxelrod) May 11, 2012
Well, that was then. Fast forward 12 weeks and what do we see from The Hill?
Gas prices have surged in recent weeks and analysts predict they’ll keep rising, creating fresh openings for GOP attacks against President Obama that had waned when prices dropped sharply.
The nationwide average for regular gasoline is $3.60-per-gallon, a 24-cent rise over the past four weeks, according to AAA.
Prices are well below the peak of nearly $4 in early April, a run-up that fueled constant GOP criticism of White House energy policies and threw Obama on the defensive. The frequency of political clashes over gas prices have tapered off since prices tumbled.
But several analysts told The Hill that costs at the pump are likely to continue their recent rise through August.
Friday brought fresh evidence that pump prices are likely primed for more increases in coming weeks.
Can’t wait for their spin on this one. Somehow they’ll work Bain Capital into it.