Because they can.
Obama may need a bailout from big oil!
I was going to say the exact same thing. Because they can, because the dimwits are in charge and everyone knows there will be no drilling of new oil or increases of the domestic supply as long as they are in charge. There will do the exact opposite, every thing that can be done to make energy, including gas, prices go up will be done and new ones thought up. Oil companies are raising prices, and have been since they bottomed out this winter. As soon as Bozo cancelled all drilling and oil and gas leases gas prices started to rise again.