Okay, I have seen a LOT of threads claiming that oil companies aren't really making that much on each gallon of gasoline. Oh, really? (blink, blink) Then explain the record profits by the oil companies. Why sure. First, US oil companies don't import all of their oil. In fact several companies actually import very little. Where do they get it? Why, from wells on private and federal land that they drilled on years and years ago. What is the extraction cost to get it out of these wells? You can be darned sure that it is nowhere near $75 a...
