That is simple: the Republicans will blame the democrats, Clinton and the liberals for the high gas prices. And they will say that the solution are more tax cuts.

They will win the elections again...

That's my nightmare. But really I hope someone points out that the republicans have controlled congress for over 10 years now and the White house for 5 years. They built up a huge deficit, lost a war in Iraq, missed 9/11, botched NOLA, pissed off most of the world and accomplished very little except accelerate sales of SUVs and suburban sprawl.
Bah....the Republicans can make worse. They can blame the democrats, Clinton, the liberals, the gays and teaching evolution at public schools as the reason there are high gas prices. And they will say that the solutions are cut taxes, social security reform, ammendment the Constitution for send gays to concentration camps and make sure no science (evolution, Hubert's Peak, Global Warming) be tauch at the public schools, you know, who need science?

And the american public will give the victory to these guys because, you know, they are macho and USA need fight "the terrorists"...

What saddens me most is that a Brazilian (or Portuguese) understands the US better than the majority of those who liver here.