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March 24, 2022 10:02 AM UTC

Americans Understand Gas Prices Better Than You Might Think

  • 3 Comments
  • by: Colorado Pols

We’ve discussed gasoline prices quite a bit this month, either through our own fact checking or by speaking directly with actual experts. The short version of why gasoline is so expensive is this: Because oil and gas companies are making so much money already — and committed to stock buybacks and dividends for shareholders — they don’t want to expend any resources on increasing production.

It was interesting to see, then, that new polling data seems to indicate that a majority of Americans actually understand that rising gasoline prices have nothing to do with partisan politics. Take a look at these charts from Navigator Research showing that Americans see the real culprits as 1) Vladimir Putin and Russia, and 2) Oil and gas companies:

Via Navigator Research

 

Republicans have been trying really hard to blame rising gasoline prices on Democrats — including the State GOP’s infamous “gas station press conference” last fall. Congressman Ken Buck (R-Greeley) was blaming President Biden for the increase just two days ago.

While this sort of fear-mongering probably plays well with the GOP base, the majority of Americans seem to be more interested in reality.

Comments

3 thoughts on “Americans Understand Gas Prices Better Than You Might Think

  1. Or maybe not, for truly the blame for higher gas prices ultimately rests with us Americans and our desire to drive long commutes in cars that make the gas-guzzling Cadillacs of the 70s look economical.

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