National Review Online
What is causing high gasoline prices? Increased demand associated with the global economic recovery and (greater than average) Mideast instability certainly play their part, as does the continued control of a major portion of proven petroleum reserves by OPEC, a paradigmatic cartel whose very raison d’être is market manipulation. But the operant cause here, the main event to which this speculator business is a sideshow, is the man himself: President Obama, and his say-one-thing-and-do-another energy policies. He demagogues on oil speculators because he can’t — he won’t — do anything else.