Midterm elections are coming up and high oil prices are bad PR for the party heading into the election. Ben Cook More Quotes by Ben Cook More Quotes From Ben Cook The market gets skittish. If Libya were to go out, oil prices could easily spike $ 5 to $ 10 from current levels. Ben Cook world Those waivers were largely politically driven, we don't have that this time. Ben Cook world The reality is the market is tight because Iranian sanctions are forcing countries to find alternatives. Ben Cook politics