The Public is Beginning to Feel Relief From High Gas Prices

August 4, 2022
Bryan Bennett

Americans are beginning to feel relief at the pump with increases in the share saying they’re paying less for gas in the last few weeks.

Key takeaways
  • A message focused on the middle class and stagnant wages – where Democrats have a small advantage – is more resonant than one focused on corporations and the extremely wealthy rigging the economy – where Democrats have a large advantage.
  • Americans see Democrats as the party of making corporations pay their fair share and to a lesser extent, the belief that “when the middle class does better, America does better”; Republicans are associated with lower taxes and less government spending.
  • There has been a double-digit decline in the share who say gas prices “are going up a lot,” and nearly half say they are paying less for gas now than they were a few weeks ago.

Centering the Middle Class Is a Strong Access Point to Making an Effective, Populist Economic Message

Independents prefer the middle class and stagnant wages message by a 12-point margin over a standard Republican message about lower taxes and less spending, but they favor the Republican message over a rigged economy message by a 28-point margin.

Democrats Have Advantage on Putting Middle Class First But Hold Larger Advantage on Holding Corporations Accountable

Independents associate Democrats with holding wealthy corporations accountable and making the political system work for working people by 11 points; keeping taxes low is associated more with Republicans (net -17 Democrats overall, -23 among independents).

Americans Feel Uneasy About Their Personal Financial Situation and Point To Prices, Inflation, and Income as to Why

Three in five Americans remain uneasy about their personal finances, and when asked why, prices and inflation emerge as top concerns.

  • For those who feel confident, they point to increased numbers of jobs, saving money, higher incomes, and being able to retire.

The Share Who Say Gas Prices Are “Going Up a Lot” Is in Decline While Nearly Half Are Paying Less for Gas than Weeks Before

Since late June, there has been a 23-point decline in the share who say gas prices are going “up a lot” (from 81% to 58%).

  • Republicans (53%), white Americans (56%), and Midwesterners (60%) are most likely to say they are paying less than a few weeks earlier; just 41% of Westerners say they are paying less.

 

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About The Study

Global Strategy Group conducted public opinion surveys among a sample of 1,007 registered voters from July 28-August 1, 2022. 102 additional interviews were conducted among Hispanic voters. 75 additional interviews were conducted among Asian American and Pacific Islander voters. 100 additional interviews were conducted among African American voters. 98 additional interviews were conducted among independent voters.