Gas was pricier on this Election Day than any before it — up almost 40% to $4.15 a gallon since the Iran war began

From the source

As Democrats and Republicans look at the overwhelming results of the 2026 midterm election, it’s worth remembering what has become a political axiom in America: “It’s the economy, stupid.” Democratic strategist James Carville famously said that to presidential candidate Bill Clinton in 1992, but he might have said “it’s energy prices” instead. The cost of energy underlies much of the economy, making energy and politics inseparable, especially when gasoline prices rise. Midterm elections have historically been difficult for incumbent presidents and often shift the balance of power in Washington, D.C. Many factors affecting gasoline prices are beyond a president’s or Congress’s control. Prices for crude oil and petroleum products such as gasoline are set on global markets as the results of economic forces of supply and demand. Even the companies that produce oil don’t have as much influence as people might think, because of how that oil gets to refineries: Over 60% of the world’s crude…

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