- Repair & Care
Chicago—July 31, 2008—With the presidential campaign in full swing and the price of gasoline still hovering around $4 a gallon, consumers believe neither major-party political candidate can alleviate their pain at the pump.
According to a recent Cars.com survey, roughly 50 percent of consumers believe that neither presumptive Democratic candidate Barack Obama or presumptive Republican candidate John McCain have the answer when it comes to finding a solution for high gas prices. The majority of consumers (48 percent) also believe that neither candidate will have an edge when it comes to working with manufacturers to help produce more fuel-efficient cars in the future.
"Most people correctly see no simple solution when it comes to reducing prices at the pump," said Cars.com senior editor Joe Wiesenfelder. "That doesn't mean that it won't be an important issue when it comes to the general election. More than 70 percent of respondents said the cost of gasoline was either very important or somewhat important in their voting decision this November."
The high cost of gas ranks higher than education, health care and the Iraq war when it comes to issues of importance in the upcoming election. The most important issue to consumers, however, is the economy at large.
When it comes to finding a long-term solution to the high cost of gasoline, most consumers say long-term energy reform, development of alternative energy sources, and reducing our demand for oil through the production of more fuel-efficient and alternative-fuel vehicles are the best answers for the future. When it comes to increasing oil production, 71 percent said they are in favor of more drilling in North America if it would lead to a decrease in gas prices.
The survey was conducted online with a random sample of 1,052 men and women 18 years of age and older. Survey respondents were carefully selected to closely match U.S. population demographics, and the respondents are representative of American men and women age 18 and older.
The research was conducted in July 2008. The overall sampling error rate for this survey is plus or minus 3 percent at a 95 percent level of confidence.
Cars.com is the leading destination for online car shoppers, offering credible, easy-to-understand information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car. With comprehensive pricing information, side-by-side comparison tools, photo galleries, videos, unbiased editorial content and a large selection of new- and used-car inventory, Cars.com puts millions of car buyers in control of their shopping process with the information they need to make confident buying decisions.
Launched in June 1998, Cars.com is a division of Classified Ventures, LLC, which is owned by leading media companies, including Belo (NYSE: BLC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO).