A sharp bound for the Stein-Wainger oscillatory integral

Let Pd denote the space of all real polynomials of degree at most d. It is an old result of Stein and Wainger that for every polynomial P in Pd: |p.v.\int_R {e^{iP(t)} dt/t} | < C(d) for some constant C(d) depending only on d. On the other hand, Carbery, Wainger and Wright claim that the true order of magnitude of the above principal value integral is log d. We prove this conjecture.