And that Ladies and Gentlemen is why the Sauds have bought and owned our "Representatives" for the past 50 years!
The US could be energy independent in a very short time. In two years or less the US could be independent on energy from outside North America.
If Romney wins, he will be able to immediately affect the price of gasoline and all other energy products, if he wants to. Three easy steps.
1) Approve the Keystone Pipeline.
2) End the "boutique blend" madness.
3) Start drilling everywhere, Alaska, the gulf, federal lands, off both coasts.
Would you like to be holding a lot of oil in storage or in the form of futures contracts if the president took these steps and showed he was serious about getting energy costs down? I wouldn't. The longs would start selling, the shorts would start shorting and the prices would collapse. As a bonus, the Iranians and the Russians would be screwed. Jobs would be immediately created and the economy would soar.