$4 a gallon gas sooner than you think

The price of oil is already back up to $80 a barrel.  The experts see another major imbalance between supply and demand driven by failures in major oil producing countries:  Iran, Venezuela, the United States to define policies that encourage sensible development.  The Obami are going to rue the day that they didn't do what GWB asked back when it could have made some difference for their electoral prospects.  One thing is known:  $4 a gallon gas is bad, bad, bad for incumbent careers.