The prevailing wisdom should be that, if you cause the price of gas to rise, then you also are responsible when it drops. And with just four months until the election, and with the economy still the number one concern of most voters, why the heck isn't Obama giving this speech ad nauseum:?
"Several months back my opponents on the right accused me of causing gas prices to climb near $5.00 per gallon. Well, under my watch, prices have now fallen below $3.50 a gallon. That's right...I've worked with my Democratic peers in Congress to help you fill your gas tanks for a third less cost. That's money that goes right back into your pockets. We did that. My opponent said you'd soon be paying five bucks a gallon. Shows you how much he knows about how to fix the economy. And that's why you should keep me as your president for another four years..."
Of course, he could go on about the 4-million jobs he's created, the turnaround in GDP growth, the historically low interest rates, growth in housing, the auto industry recovery, record corporate profits, the doubling of the Dow, yada, yada, yada...
So why are Obama and Democrats so inept at spin? Why can't their rhetoric be as effective as the GOP's? Why would they stand by and let Obama be accused of driving up gas prices and not create a media blitz when they fall? This would seem like a no-brainer. A gift-horse. Rhetoric handed to him on a silver platter.
If Obama's to renew his lease for the White House this Fall he better start figuring out a simple, bumper-sticker-effective way to tout his accomplishments or he'll be handing over the keys to Romney.