Yes, but oil well owners everywhere thanks him for inflating the price they get for oil, Rich Arabs, Rich Americans, Rich Pinko Red Commie Rats. It doesn't matter, they all get the same price for the same oil. So what's really going on? Why is Obama/Strange-Chu enriching the already filthy rich lucky oil owners, or even gas station owners are they all foreign owned now?
Little known fact, at the turn of the century there were more electric cars on the road than gas powered. Spark ignition engines won the competition easily. Batteries have always been the weak link and have improved little and only recently, if depending on China is improved.