Why do gas prices go up during presidential election time?

Question

Is that the explination for the record setting of $100 dollars a barrel for petrol?

Answer 1

Because of everyones fear of the future with a new president.

Answer 2

Because our current president is a Texas oilman himself. Why should he do anything that will hurt his buddies. Hopefully, the new administration will do something about the prices if it not to late.