The price of oil has doubled since Obama took office...from about $33 per bbl to over $72 per bbl.
Not because of fundamentals...but rather because of investor sentiment.
OPEC's manipulation is making the world's economic recovery...increasingly untenable.
What is Obama doing about it?
http://www.huffingtonpost.com/raymond-j-learsy/the-price-of-oil-has-doub_b_214143.html