No politician can directly impact the price of oil. Policies can reduce consumption, which will affect demand and therefore price.

If you look at the graph of price per barrel over the last couple years, it's like a parabolic curve up. I had a biology prof who once said that anything that goes up in that sort of wild curve will go down in the same fashion.

The last twelve months have been fed by uncertainty and fear. Has consumption and supply changed to cause the price to go up 80%? No!

The media hasn't helped in this either. This economy is not good and has structural issues that need to be addressed, but the fearmongering is not going to do anybody any good.

I'll make a prediction. If Obama is elected, you're going to see not only recovery but also an abrupt change in the attitudes of the economic press.