If a democrat wins the White House and the price of oil drops way down, then we'll know beyond any shadow of a doubt that we were being ripped off over politics and that it had nothing to do with supply and demand.
You need to wait to find that out....I am ready to accept the fact now.
Actually, if Obama or Hillary get in, they will totally mismanage the economy to the point where world-wide demand will shrink at least 20%. Wonder what the price per barrel will be then...
We actually already know it has nothing to do with supply and demands. There is a surplus in both crude oil and refined gasoline. Demand for both is, currently, dropping.
What we have here is a product with price floors set by a cartel, and with prices driven higher by speculators. The only “demand” effecting the price is the people buying contracts for oil for with they have no intention of taking possession.