In recent weeks, the price of a barrel of oil has stayed at about $100 a barrel, and gasoline prices have been edging closer to $4 a gallon. The costs are apparently due to events half a world away, in the Middle East. Even though plenty of oil is around, there is fear of further disruptions, and consumers, business people, and politicians have all been making adjustments. Here are eight ways that higher energy prices are starting to affect America.
The left is hopping mad, not just that Obama cut a tax-cut deal with Republicans, but that he didn't put up much of a fight. But the breach may help him woo back independent voters in time for the 2012 election.
A new Gallup survey shows a record share of registered voters -- especially Republicans -- say they're more enthusiastic than usual about voting. A really high turnout at election polls may mean Democrats marshaled their forces at the end.
The Conference Board's economic indicators were positive for the third straight month in June, though recovery may be slow.
Home builders want the dead trees, but activists and regulations stand in the way.
More consumers are trimming spending and debt because their net worth has fallen fast.