Karl Rove and Joe Trippi think so, pointing to a recent Survey USA poll of Oregon, showing Barack Obama leading Mitt Romney by a fairly narrow margin, 47%-43%.
Trippi on Fox News:
"When you're only up by 4% like President Obama in a state like Oregon, that says they're likely to have to start putting some money in there and start to shore it up -- doesn't mean he's going to lose it, but does mean they've got to go in there."
"Remember Oregon was a battleground state in 2000. It was won by Al Gore by about 5,000 votes, so it has been a battleground and could be a battleground again."
Here are results from the last three cycles:
2008: Obama 57% McCain 41%
2004: Kerry 52% Bush 48%
2000: Gore 47% Bush 46%
Oregon's recent presidential electoral history looks much like Wisconsin's -- very tight in the Bush years, a double-digit win for Obama in 2008, and a return to competitiveness this year.