Politics1 min read

Gas prices hit record high on election day in US

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In short

Economic pressures have dominated the political landscape as all 435 House seats and 35 Senate seats are contested in this federal election. More than 60 million voters cast early ballots, easily breaking the previous record established in the 2022 midterm elections. Meanwhile, political forecasting models give Democrats an 82% probability of securing the Senate, bolstered by a 9.4-point lead on the generic congressional ballot.

Key points

  • Democrats must secure a net gain of at least four seats to overcome Vice President JD Van…: Democrats must secure a net gain of at least four seats to overcome Vice President JD Vance's tie-breaking vote and capture the Senate.
  • Forecasting models from Nate Silver position Democrats as strong favorites to take the Ho…: Forecasting models from Nate Silver position Democrats as strong favorites to take the House and give them an 82% chance of winning the Senate.
  • President Donald Trump carries a -20.4 net approval rating into the election as voters we…: President Donald Trump carries a -20.4 net approval rating into the election as voters weigh ongoing economic concerns.

Sources checked by our analysis pipeline: 1

That is more early votes than in any previous midterm, said Michael McDonald, a University of Florida political science professor who runs the lab's early voting tracker. "We beat that number which was about 46 million in 2022 by quite a bit," McDonald told Scripps News.

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That is the backdrop as Americans head to the polls to decide which party will control Congress. For many voters, the rising cost of everyday essentials, including fuel, groceries and housing, has become a key election issue. More than 60 million people had already cast their ballots before polling stations opened on Tuesday.

Gas prices climb to record high on election day

The average gas price as of Monday is $4.17, according to data from AAA. That is roughly 37 cents higher than prices heading into the 2022 midterm election, which held the previous record for an Election Day. This also applies to diesel, which now costs $6.28 per gallon, which is also the highest average ever on a U.S. Election Day.ALSO READ: When will…

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