Can a President Really Affect Oil Prices?

The overriding factor that determines the price of oil from day to day is the market principle of supply and demand. No president, be they Democrat or Republican, a friend of big oil or supporter of alternative fuels, can do much of anything to affect the short-term price of oil. Paris Hilton's Sliving Land goes live on Friday, November 11th at 9 p.m. ET/PT.