[brewer12345]

Quote:

Originally Posted by Razor Record oil company profits speak for themselves. They are not complaining. Just telling us what we want to hear and deflecting blame for high gas prices elswhere. Once again, remember record profits? Do you actually believe that oil companies would do something like build more refineries that would increase supplies and reduce their profits? They know what they are doing and all that oil in Alaska and off the coast of Florida isn't going anywhere. It's just future profits for the oil companies.

You do understand what high commodity prices incentivize commodity producers to do, right? No oil company on the planet is producing less than they possibly can right now. Many likecurrent prices so much that they have gone into the futures markets and locked in the current level of price for their future production as well.