(05/26/04) - Americans Split Over Oil Prices
(CPOD) May 26, 2004 – Americans are divided over the cause of rising gas prices, according to a poll by ABC News and the Washington Post. 27 per cent of respondents say the administration of president George W. Bush is responsible for elevated fuel costs.
(CPOD) May 26, 2004 – Americans are divided over the cause of rising gas prices, according to a poll by ABC News and the Washington Post. 27 per cent of respondents say the administration of president George W. Bush is responsible for elevated fuel costs.
For the past four weeks, gas prices have risen all over the United States. According to the American Automobile Association (AAA), the national average cost of a gallon of fuel is currently $2.03 U.S., a 35.2 per cent increase in a year. 26 per cent of respondents believe American oil companies are at fault for the problems, while 28 per cent think other oil-producing countries are to blame.
Eleven oil producing countries—Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Qatar, Nigeria, Saudi Arabia, the United Arab Emirates and Venezuela—are part of the Organization of Petroleum Exporting Countries (OPEC). The Organization recently implemented a reduction in crude oil production of 1 million barrels a day.
Polling Data
Who do you blame for the recent rise in oil and gasoline prices?
Bush administration | 27% |
U.S. oil companies | 26% |
Other oil-producing countries | 28% |
All equally | 10% |
Source: ABC News / The Washington Post
Methodology: Telephone interviews to 1,005 American adults, conducted from May 20 to May 23, 2004. Margin of error is 3 per cent.