I agree.
The oil companies are raking in the dough.
What was perplexing in that article was the mention of a glut of oil in China. Here, I thought that the price of oil was high, mostly based on China's increased consumption.
Are they just hoarding it so WE can't keep well stocked?
Either that or they know something we don't. My guess is that their bunker mentality remains at a high level, so they'll stockpile anything they think they won't be able to get when their world goes to pot. I was mad at them last year when they started drawing down supplies of concrete for their massive dam project, to the point where we couldn't even get a walkway poured without a delay.