Are Left-Wing Speculators Causing the Run-Up in Fuel Prices?

A friend who is interested in gold and commodity investing just questioned whether well-heeled left wing or Democratic speculators might be causing a run-up in oil prices as part of a concerted anti-Republican campaign. I wonder if that argument has any merit. Is there an ideological component to the recent run up in oil prices?

Keywords: George Soros, Hollywood, oil prices, speculation, Republican Party, presidential campaign