[MichiganCheese]

I don’t understand why Obama is helping Bush’s oil buddies get richer. /s

[Henry Hnyellar]

CNBC’s John Harwood: So could the (high) oil prices help us? Barack Obama: I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money in their pockets, but also by encouraging the market to adapt to these new circumstances more rapidly, particularly U.S. automakers… In a campaign speech Obama said: “We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK. 
That’s not leadership. That’s not going to happen.”