Why Gas Prices Matter ...

Why is gas such a potent political issue? Writing at CQ, Craig Crawford explains ...

"Gasoline is much more than an economic commodity. It is a political touchstone as well, one of the few universal purchases that consumers can so easily compare over time. The prices of a gallon emblazoned on service station signs provide ubiquitous reminders of the rising cost -- and a tempting symbol for individuals to use in measuring their economic well-being. There's nothing like the price at the pump for provoking conversation at the water cooler."