Remember 2000, when two guys who had strong ties to the Oil industry, George W. Bush and Dick Cheney, were ran on a ticket together for President and Vice President? Republicans refuted the concerns that they would not do enough to keep oil prices down because of their ties to big oil by arguing that their knowledge and contacts both domestically and internationally would help keep prices lower.
Well, that was when gas cost less than half of what it does today.
Keeping prices down through the use of Iraqi oil was also cited on occasion as a 'benefit' of the Iraq war. Still waiting on that one.
And now we see that it is going to get even worse.
And who is benefitting from all of this misery and $66 a barrel oil? That's right, Big Oil.
Sad, but the best defense you can make of this is that the President is incompetent.