Gas Prices Spike, Obama Approval Suffers

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The sticker shock at the gas pump just got a little worse. The average price of a gallon of regular gas in the U.S. has jumped 12 cents in the past two weeks to $3.81 a gallon.

Of the cities surveyed, Denver has the lowest prices at $3.36, while Los Angeles has the highest at $4.35.

The price spike comes on the heels of claims by President Obama that his policies are putting America on the right track to energy independence.

The president said he's cutting U.S. dependence on foreign oil and helping to develop "clean energy."

But the skyrocketing gas prices have already begun to hurt the president's approval ratings.

According to a new Washington Post-ABC News poll, close to two-thirds of Americans disapprove of the way the president is handling the situation.

Critics say many of the administration's green energy projects have been expensive failures. They also say the president has hindered American efforts to develop its own oil supply.

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