Political policy, particularly regarding energy and foreign affairs, has a strategic effect on gasoline prices. There is little government can do to have a tactical impact on them. The answer, then, is yes, and no.
Most politicians, however, are disinterested in that, especially during a campaign season. Their focus is always on the tactical, and they are always looking for ways in which they can demagog issues. Before he became president, Obama attacked Bush for high gas prices. Now he's president, his political opponents attack him for them. They deserve one another. None of them is worthy of our defense for what he does.
The common threads are hypocrisy and misrepresentation. Pols all but universally have those characteristics. The current crop of presidential aspirants, including the sitting prez, certainly do. It's got nothing to do with truth or fact, it's all about getting themselves elected. It's disappointing when private citizens pick them up and parrot them, and that goes double for us writers on Hub Pages. We are supposed to be more concerned with truth than campaign spin. Let me suggest something novel: let's all try harder to live up to that expectation.