gas prices up 30% profits up 30% Lawmaker says it dont addup

[Courage the Cowardly Dog]

I'm not saying it's a conspiracey, but I AM saying they need to be regulated more. They are having a banner year in profitability, and the price is still going up. Shouldn't some of that profit go towards improving our refining ability?

If that's not what's going on, what is? If the cost of oil was the cause of this their profits would go down. If they wanted to end scarcity they'd make more refineries rather than laying people off when they have plenty of oil to be bought and refined.

A spokesman for King abdullah said they Saudis could ship two million barrels a day to the US but with out the refineries to make it into gas it will do nothing for the price.