The Bush Effect

I've been observing a trend for several weeks now in the oil markets. Below is a chart of the amount of oil in U.S. inventory:

As is readily apparent, there is no shortage of available oil. So why have prices continued to do this:

One word explains it all. Bush. Oil continues to climb because of international tension. Speculators continue to drive the price up in anticipation of something blowing up in the middle east.