OBAMA AT THE PUMP – AT 9:08 A.M. ET:  As expected, the price of gasoline is starting to take a political toll on President Obama.  From the Washington Post:

Soaring gasoline prices are biting into household incomes and nibbling at Americans’ fuel consumption — and support for President Obama, according to a Washington Post-ABC News poll.

About six in 10 respondents said they had cut back on driving because of rising fuel prices, and seven in 10 said that high pump prices are causing financial hardship.

Obama, like previous presidents in times of high oil prices, is taking a hit. Only 39 percent of those who call gas prices a “serious financial hardship” approve of the way he is doing his job, and 33 percent of them say he’s doing a good job on the economy.

And...

That sort of hardship could slow Obama’s reelection campaign. The Post-ABC poll shows that 60 percent of independents who say they’ve been hit hard by surging gas prices also say they definitely won’t support Obama in his bid for reelection.

In a hypothetical matchup with former Massachusetts governor Mitt Romney, the top GOP performer in the Post-ABC poll, Romney wins by 24 points among the independents who have taken a severe financial hit because of gas prices, and the president is up 7 percentage points among other independents.

COMMENT:  The president will try to blame the oil companies, and may succeed unless Republicans can articulate alternative, compelling arguments.  But without a clearly defined leader right now, the GOP is at a disadvantage.

April 26, 2011