I think everybody complaining about oil profits and *greed* should be required to read that pie chart and be forced to explain what it means so they can't pretend they don't know or nobody told them.
"With daily global demand roughly 85 million barrels per day, the world's oil producers have less than 2 million barrels per day of spare production capacity, and most of that is for Saudi blends of oil that are less ideal for manufacturing transportation fuels."
"http://www.chron.com/cs/CDA/printstory.mpl/business/energy/3817761
Like I've said repeatedly, America needs to follow Brazil's lead and get off foreign oil dependency altogether. And follow France's lead who now generates 75% of their electricity from nuclear power.