[no dems]

I’m thinking that Obama will find a way to get those gas prices down before Election Day.

[kearnyirish2]

“I’m thinking that Obama will find a way to get those gas prices down before Election Day.”

I’d be interested in how he reduces inflation while increasing spending; a lot of the gas price increase has been mirrored in supermarkets. With the current job market and inflation, he stands no chance.

[LibLieSlayer]

First... the law of supply and demand is still in effect... so is gravity. Nothing will change the supply but the Strategic oil supply being tapped... and if he taps that... it will be a short lived and tiny change. obama wants these high prices and anything that he does to lower them... angers his base. Remember... our enemies are insane.

LLS

[NRG1973]

I’m thinking that Obama will find a way to get those gas prices down before Election Day.

There isn't a darn thing that 0bama can or will do to lower fuel prices. The only things that can lower fuel prices are reduced demand or resolution to the Iranian situation.

The president has hinted at a co-ordinated release of oil from the SPR and Saudia Arabia is sending a "wall of oil" to the US to beat down oil prices. Neither action has had a lasting affect on oil prices because the amount of oil is virtually insignificant in a 90 million bpd global market.

[jveritas]

What way? How? Release of strategic oil reserve will have little impact.

[Buckeye McFrog]

I’m thinking that Obama will find a way to get those gas prices down before Election Day.

He could do this with a well-timed perp walk of some Grrrrrreeeedy Oil Speculators that would have the effect of collapsing the futures market.

In the short term, and for a very brief time, prices would fall. Then we'd be in a world of hurt going forward. So if this is his strategy, precise timing is everything.