This article is an excellent discussion on what drives the price of commodities, in this case oil. As passionate as liberals are about the expediency of bashing oil companies, greedy rich folks, and all that, they fail to grasp the role an oil speculator plays in "smoothing" the market and therefore, reducing the impact of spikes and dips on the energy markets. Further, as Obama and his environmentalist backers demand there is nothing they can do to stem the price of oil, they demonstrate their complete lack of how oil spot and oil future prices are interlinked.
Clearly Obama does not want to drill and he has demonstrated his unwillingness to run pipelines across the heartland (Keystone XL) and that is driving up oil futures prices now which has a negative impact on the current price of oil since the two are inextricably linked.
All Americans should read this article as it is very educational for all things economic. Perhaps after reading this article you can better understand how Obama's policies are hurtful for our economy while he panders to his special interests.
Have a wonderful day if the price of gas doesn't ruin it for you!