Beware of Rising Oil Prices, Mr. President

by Benjamin Domenech on 2:50 am June 1, 2009

May had the biggest monthly gain for crude oil in a decade. Conservatives anticipate massive political fallout: “Prognostication: Depending on when the bad economic news hits, Obama’s approval ratings will drop precipitously, beginning in six months to a year. He’ll drop from his ~55% rating to ~40% in just a couple of months.”

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