Whether gas prices are up or down, don't blame or thank the president

A gas pump displays current fuel prices, along with a sticker of President Biden, at a gas station in Arlington, Va., on March 16. The sticker says "I did that" — but the president wasn't responsible for rising prices then or falling prices now.

Saul Loeb / Saul Loeb

Prices at the pump are falling, which is welcome news for Democrats this election season.

And a few weeks ago prices were rising, which was bad news for Democrats.

But no matter which way prices are going — and which way they go next — the cost of fuel simply doesn’t have much to do with who is in office.