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Surely the inventory of fuel in the states and many other countries must be much more than a year ago. Why doesn't this cause the price of fuel to drop? Everyday it is something else...a problem in Nigeria, value of a dollar is less or as of late the possible invasion of Iran. Too much negative. I think I have heard on the news that the oil companies are making only 7% net profit, like that is low. I would think that would be super considering the total dollar volume in sales. I don't think Wal-Mart or some other stores are netting 7% on annual sales.
Do you think all the negatives may be created just to keep the price of oil high?
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