The reason for poor economy can be laid at the feet of Obama and the demoRATS and the energy sector is in shamble for lack of support by our rats also.
Kind of, in an indirect sense.
The liberals are certainly doing their best to harm the O&G industry and, yes, the overall economy is poor so demand for oil is weaker.
But the reason oil price is down is simply because supply is up (due to Texas/E NM and also Iran) and demand throughout the world (especially China and India) is lower.
It’s just supply and demand, in a direct sense.
In an indirect sense, yes, bad economic policies lower growth, which lowers demand.