In car-dependent communities, the price that people pay to power their cars is taken as a proxy for the health of the economy itself, eclipsing other economic indicators.
Households in the U.S. spend nearly 18 percent of their budgets on transportation alone, significantly higher than the 15 percent that experts recommend as a maximum.
Mark Zandi predicted Democrats would retain the White House if gasoline prices fell toward $3 a gallon, which aligned with post-election reporting showing $3.10.
Trump has centered attack ads on Vice President Harris, linking rising fuel costs to broader economic issues without citing the complexity of these factors.
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