Is this guy just looking at what people pay out at the pumps?
Is he not looking at all the other products (including heating oil) that the high cost of oil is pushing up? Everything you buy is going up due to transportation costs.
He's hoping that consumers will ignore high gas prices and continue to spend like crazy (putting expenses on the ole' credit card) until after the election when 0bama has been re-elected. Then he doesn't care what happens.