Oil Prices Drop Below $60 a barrel (23% since July) President Bush’s ratings Increase

Today oil prices dropped to a six month low to under $60 a barrel.  The oil price decline may just be one of the many factors that are responsible for President Bush’s recent increase in the polls. Gasoline prices are something that every day Americans witness on a daily basis.

LONDON (Reuters) – Oil dropped under $60 to a six-month low on Monday as abundant supplies in top consumer the United States and fears that slower U.S. economic growth would stunt demand for fuel extended a price retreat.

President Bush’s approval rating has risen to 44% in a new USA TODAY/Gallup Poll.