Obama approval sinks to new low; gas prices to blame?


The latest CBS News/New York Times poll shows President Obama’s approval rating has hit the lowest level ever and “may be partially attributable to rising gas prices.”

Key finding: Just 41% of Americans approve of the job Obama is doing as president, while 47% disapprove of his performance.

This follows a new Washington Post/ABC News poll that found President Obama’s approval rating dropping to 46%.

However, Nate Silver isn’t sure whether President Obama’s declining approval rate is attributable to gas prices or statistical noise.