Quote:
Originally Posted by seattlelou
Fair point, i don't and obviously a lot of things are done behind the scenes. Lets say that the administration and Israel are acting in concert and everything being said is the ideal course of action Could we now say that Obama has had some recent affect on the price of oil?
I suppose some perfect leader making optimal play could have an effect, but it would be trivially small. Gas prices are up because the world economy is heating up, China/India are demanding more oil, overseas oil field production is declining, and Iran is being obnoxious. Of those things, the president can maybe affect Iran, but even an optimal president can't make a huge change in what Iran does.