According to the American Automobile Association, the average gasoline price is $3.472 per gallon during Donald Trump’s second term, compared with $3.471 under Joe Biden’s presidency. This marks a reversal from Trump’s first term, when fuel prices were significantly lower. The data could weigh on Republican polling in the upcoming Senate elections because voters are sensitive to purchasing power. Prediction markets link the prospects of a Republican victory to the trajectory of oil prices, particularly the $85-per-barrel threshold.
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