Obama Loses Support On Energy–Reuters/Ipsos
Energy prices have begun to smother President Obama’s popularity. A new Reuters/Ipsos shows that 68% of Americans do not approve of how Obama has handled the gas price crisis. Reuters reports that: The disapproval reaches across party lines, potentially spelling…
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The disapproval reaches across party lines, potentially spelling trouble for Obama in the election, although the online survey showed voters hold oil companies or foreign countries more accountable than politicians for the price spike.
The blame placed on oil companies may not spare the president in the national election. Gas prices have risen well above $3.80 and likely will reach $4 in the months leading to the November election.
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
