Approval ratings vs. high gas prices
Briefly

Approval ratings vs. high gas prices
""Presidents have fairly unified support from their own party, and unified opposition from the other party, which means they have a higher floor and a lower ceiling," he said, referring to approval ratings."
"The quick pace with which prices have jumped may be enough to upend that trend."
"Maybe we'll find out if there's a threshold for gas prices that lowers the approval floor."
Presidential approval ratings in the U.S. have historically correlated with gas prices, but this relationship has become more complex in recent years. Polarization has created a scenario where presidents receive strong support from their party and unified opposition from the other party, resulting in a higher approval floor and a lower ceiling. The recent spike in gas prices, exceeding $4 per gallon nationally and over $7 in California, may challenge this trend and reveal a potential threshold that could impact approval ratings.
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