Guy_Fawkes Guy_Fawkes:
Really? This is the one thing that could cost Obama the election?
With some people, yes it is.
In some circles it is also starting to resonate that Obama had said he
wanted this to happen.
http://noconsensus.wordpress.com/2008/0 ... ces-quote/$1:
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 short, Obama favors higher gas/petrol prices as a means of making his electric cars economically feasible. Therefore anyone wanting lower fuel prices should not be looking for Obama to give it to them since he wants quite the opposite.