Oil prices should drop after the tail-end of the summer driving season.
This is seasonal demand adjustment. Not Bush pulling purse strings.
You cynics who think oil prices are tied to Bush and his so-called cronies have to consider...
1) Supplies have been constrained b/c Iraq hasn't been at full capacity
2) Demand is going up exponentially in China and India.
Supply goes down, demand goes up, so equilibrium prices go up.