This week the top-three US oil producers, ExxonMobil, Chevron and ConocoPhillips, reported more than 15 billion dollars of profit in the first quarter of 2006, adding fuel to a debate over skyrocketing energy costs.
Then they try to blame the situation in Iran as the reason prices are rising. Really any excuse to raise prices is what they want so they can continue to make more money. Consumers continue to use just as much oil as ever, there is no reason for the oil companies to keep the prices down since consumers will continue to use just as much oil either way. Unfortunately we live in the suburbs, and my husband and I always comment on how many SUVs, Trucks, and Vans we see on the roads. I'd say more than half of all vehicles we see are these larger less fuel efficent vehicles.