I know the President does not set the price. I also know that his influence is not large… but it does exist.
Apparently Obama knows that too but chooses to do nothing about it.
“The White House can’t complain too much about taking the blame for high gas prices. While campaigning for president in 2008, Obama castigated President George W. Bush over the same issue. “You’re paying nearly $3.70 a gallon for gas—2 1/ 2 times what it cost when President Bush took office,” he told a crowd in Ohio at the time.”