Is this a plot by oil companies to lower record profits?

http://www.msnbc.msn.com/id/12400801/





Just curious.





all those who claim that oil companies are fixing the price of oil.





How do you explain this?Is this a plot by oil companies to lower record profits?
Yeah, so? Since it only costs $20 to pull a barrell of oil out of the ground and ship it to wherever, my heart bleeds at their lack of profit.Is this a plot by oil companies to lower record profits?
Ugh. No.. The ';evil'; oil companies aren't manipulating this.. The fact as to why energy prices relates to several key concerns.





Supply - Supply remaining constaint with rising demand in developing countries such as China and Russia is the larget impact over the last couple of years.





Environmental restrictions on exploration and development





and Political instability across the globe. Political instability impacts markets because it influences demand for product. If you'd be bright enough to read the article yourself you might be able to understand that. Take a course in economics.