Manipulating the Election With Oil?

PowerLine casts a suspicious eye at the recent fluctuation of oil prices and asks cui bono. Their suspicions are understandable. Prior to the election the price of oil rose steadily from $35 a barrel last spring to over $55 a barrel at just around the time of the election. Since the election the price rise has reversed course and is now at about $43. What's causing this fluctuation which seems to be timed so closely to our election? Power Line considers two suspects:

There have been rumors that speculators, including George Soros, tried to drive up the price of oil in hopes of helping John Kerry. I know of no evidence to support that suspicion. But apart from Mr. Soros, what about the Arab states? Is there any doubt that the Saudi royal family would have preferred to see Kerry in the White House, and an end to President Bush's campaign to bring democracy to the Middle East? The bare minimum one can say is that the Saudis failed to follow through on their pledge to keep oil prices down.

How much of a conspiracy theorist does one have to be to wonder whether some combination of forces, inside or outside of the Arab world, tried to influence our Presidential election by allowing or forcing prices to rise during the fall? And has anyone in the mainstream media, with its alleged investigatory resources, shown any interest in finding out why oil prices seem to have risen and fallen in synchrony with the American campaign season?

It's not likely. If the otherwise supine MSM is going to put their nose to the trail they'll have to first suspect that somehow George Bush is implicated in some hanky-panky here. Otherwise, they're not interested. If there were even a whiff of suspicion of Bush, however, the media would be thrown into a frenzy, elbowing each other in the ribs in their rush to "get to the bottom of the story". Even old Dan Rather would be mustered back into the lists and soon be hot on the scent. That is, just as soon as he could get back from Texas where he's been busy proving that those National Guard memos were true in what they allege even if they were complete fabrications.