Originally posted by EternalOne: Or I could talk about how the President has no influence in the global cost of oil, and that the left's fear mongering inflates the cost more-so than any other single factor.
I don't necessarily disagree with the rest of your post, but with all due respect, the above doesn't really make much sense. It's Chinese demand, maxed out refining capability, maxed out OPEC production, and rampant speculating that is driving oil prices right now.
I guess it's valid to say speculators are driven by the fear of a disruption in oil supply, but it would be difficult to link that solely to "the left." Plus it would ignore the other factors.