50% Don’t Think Obama or McCain Can Lower Gas Prices

According to a survey commissioned by Cars.com during July, about 50% of US consumers don’t believe that Obama or McCain has a magic rabbit up their sleeve that will lower prices at the pump any time soon

Obama McCain gas prices mash upTurns out, 50% of people in the US are wiser than I thought: there is no quick fix or simple solution.

Another interesting result from the survey: 48% of consumers don’t see McCain or Obama as having a particular advantage when trying to work with the auto industry to bring more fuel efficient or plug-in vehicles to the market in the future.

When it comes to finding a solution to high gas prices, the survey indicates consumer support for:

  • Long-term energy reform
  • Development of alternative energy sources
  • Reducing our demand for oil through the production of more fuel-efficient and alternative-fuel vehicles

More than 70% of respondents said the cost of gasoline was either very important or somewhat important in their voting decision this November.

Survey results also indicate that gas prices rank higher than education, health care and the Iraq war as issues in the upcoming US elections, but that the most important issue to consumers is the overall economic health of the US.

When it comes to increasing oil production, 71 percent said they are in favor of more drilling in North America if it would lead to a decrease in gas prices, but it’s that “if” clause that has me curious. Nobody can tell us (without lying) that they can be sure more drilling would lead to lower gas prices eventually, so I don’t see this statistic as having much value.

In fact, according to another recent survey, 54% of Americans do not see more drilling as a solution to high gas prices.

The survey was conducted online with a random sample of 1,052 men and women 18 years of age and older. Cars.com said that survey respondents were selected to closely match U.S. population demographics, and the respondents are representative of American men and women age 18 and older.

The overall sampling error rate for the survey is plus or minus 3% at a 95% level of confidence

Source: cars.com

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Image Credits: barackobama.com and johnmccain.com. Picture of world from d70focus‘s Flickr photostream under a Creative Commons license.

Nick Chambers

Not your traditional car guy.