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Just dropped · Trial Balloon · Ep. 193

The Magnificent Seven

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Trial Balloon · Ep. 193: The Magnificent Seven

Low Gas Prices Aren’t Helping Trump

January 8, 2026 · 10:30 am ET · Leave a Comment

Larry Sabato’s Crystal Ball: “The price of a gallon of gasoline in President Trump’s first year in office has been relatively low, with gas recently dipping under $3 a gallon on average for the first time in half a decade, when the pandemic was having a major effect on the economy and society at large.”

“That said, Trump’s overall approval rating remains underwater, and it is weaker now than it was a few months ago. Trump’s approval numbers on the economy and inflation—the latter of which would seem to be most connected to the price of gasoline—are weaker than his overall approval.”

“There is some connection, historically, between gas prices and presidential approval, but that connection has been weaker lately.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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