One GOP operative acknowledged that the drop could make a difference.
“If the market continues to respond as it has and gets back to year-ago prices, that will definitely blunt the criticism” over inflation, said Chuck Coughlin, a Republican political strategist in Arizona, which has experienced some of the highest inflation in the country. He said a decline to last year’s fuel prices may even “be in reach by early October when early ballots drop for the general” election…
The more prices fall before election day, the better Democrats should feel about their chances, said Jake McCook, a Democratic political strategist in New Mexico, a state with a booming oil industry and below-average gasoline prices.
“They’re going to look at the price the week before or month before the election and make their decision off that,” McCook said. “I think Republicans are overplaying their hand on inflation and gas prices. I don’t think people are going to buy it. It’s a little early to crystal ball the midterms, but I don’t think this issue is going to be as number one as people think.”
Join the conversation as a VIP Member