Bush Approval Ratings and Pump Prices

As part of our Chart of the Day service (a feature in our Mini Institutional research package), last Wednesday we sent our clients the following graph that details the inverse correlation between George W. Bush's approval rating and the price of crude oil.

(Birinyi Associates Chart of the Day, 9/13/06)

The events of the days following this chart seemed to reinforce our point, as falling oil prices dominated the news while President Bush's approval rating rose.  Then, this morning, USA Today juxtaposed these two headlines on its front page (presumably unintentionally), and this really caught our eye.

 

(USA Today, 9/19/06)

For further demonstration of this correlation, we updated the chart from Wednesday's report below.

(Updated 9/19/06)

Comments

[Air Jordans]

It's so lucky for me to find your blog! I am very glad, and welcome you visit mine.

[wholesaledunk]

This is in high level .

[nike sb shoes]

I can't believe the administration was able to pull this off. And they aren't doing it in ever state, just certain states so they don't get noticed having an additional 3 million jobs reported that they have to explain.Unemployment claims only dropped because most everyone has run out of benefits.

[retro jordans shoes]

It seems all you are concerned with is partisan politics which is the worst thing for America. However as long as your party wins it is fine.Look up the facts and leave the my political party first crap at the door.

[ugg boots sale]

we need more people like Nobel someone who recognizes good contributions and not failures.Now this is worthy of a Nobel prize. They degrade the award giving the peace prize to a President at war that dreams.

[air jordan 10]

Now we need somebody to figure out how to convert sunlight at a rate of 90% efficiency to electricity on a cheap to produce panel, a way to store that electrical charge in a much denser package than a chemical cell, maybe some sort of “plasma” storage device, a way to separate salt from seawater cheaply.