Just a few days ago, I suggested that since Bush was getting blamed for climbing oil prices, he should get credit for them having fallen back down. Today Reuters is assigning credit, but you'll never guess to whom:

Oil prices fell sharply on Monday on speculation that a U.S. election win for Senator John Kerry could ease the geopolitical friction that has helped fuel this year's record-breaking rally.

It only makes sense. Since the high price of oil is all Bush's fault, it only stands to reason that when the price falls, Kerry gets all the credit.

For the record, CNN/Money tells a different story:

Oil prices fell below $50 a barrel early Monday, as concern about a heating-fuel crunch was alleviated over the weekend and traders realized that the market may be overbought.

The CNN article went on to say that the market got a little saturated and that oil output is climbing as refineries that had been closed are coming back online.

Refineries in Florida and along the Gulf Coast that were closed because of the hurricanes, as well as more favorable conditions in oil production in Iraq are starting to incr... BUT HOLD EVERYTHING. Even as I'm writing this, CNN altered their article and took their lead from the Bush-bashers at Reuters.

They have now deleted all of their insightful analysis and chalked it up to 'Investors are giddy for Kerry'. Next time they say something that might help Bush, I'd better get a screen shot.

UPDATE: Their story was similar to Bloomberg's. [screenshot]