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Nope. But don't give him any credit, either. He had nothing to do with the fact gas is at $2.76 in Kansas City this morning.
Actually this is not necessarily entirely true. A president with a good relationship with a large oil producing country could convince them to increase their production as to lower the price of oil and with it gas prices typically drop also. It is only when all the oil producing countries are operating at maximum output that he cannot convince someone to increase production. I believe the Saudis increased their oil production around the time of Operation Desert Storm perhaps Bush talked them into it and we have cheaper gas prices during that war than before it.
That's not what has happened, though Presidents Reagan, Bush I and Bush II all proved that your scenario can work.
Yes. Takes 3.8 liters to make a U.S. gallon, current exchange rate is one U.S. dollar per 1.12 Canadian dollars ... do the math, it equals $4.93US (with a point seven added on).
