I thought the Democrat party was dead when Reagan defeated Carter. Then along came that slippery SOB Clinton. $70 oil may give us another Clinton as President. Then the party will be dead. They'll be so dead the they'll have to change their name, and New Democrat ain't gonna do it this time. I'd say give Hillary one term, just to seal the deal, if it wasn't going to be so painful for the country.
Anything is possible. But if the Democrats start yelling about energy, the Republicans merely need to tell them to produce their own plan, which they won't have. This is a tough spot for President Bush, but it's a nearly impossible one for the Democrats. Their usual schtick is to propose nothing, criticize everything.
And remember, timing is everything. Hillary might start the drumbeat about high prices now, but when election rolls around, prices may have dived. Her timing has to be right for this issue to work for her.