Even though "Drill, Baby, Drill!" has utterly failed to lower oil prices, Republicans are still using Americans' pain at the pump as a political weapon. Even though speculators are currently involved in over %60 of ALL oil futures contracts, the facts don't really matter to these people:
http://thinkprogress.org/...
President Obama inherited an economy in free fall and in the intervening years, he has made a lot of progress towards improving the leading indicators. However, the fact that oil demand has recovered a great deal AND turmoil such as the continuing Arab Spring have conspired to raise the price of oil a great deal does not stop Republicans from blaming the President for rising gas prices. However, there might be something more sinister going on with oil prices and I'll explain what I've found past the break.
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