thats not oil companies that oil futures jack asses that look for any excuse to get even more filthy rich. car bomb goes off in iraq they raise prices claiming that it decreases the amount of oil coming from there, THEY DONT EXPORT OIL YET!!!
i know what i'm doin when my service is done, gonna start making biodiesel from algae and sell it, hell even at $2 a gallon its still a big profit and will easily be less than half the cost of petroleum fuel.
we're also kickin ourself in our own ass by not drilling in areas we already know have oil, and have our foot so far up our rear that our knee is hanging out of our mouth will our unwillingness to build or even upgrade our refineries.