Here's the first published news that I have seen about profits from the oil industry, this one is about one of my very least favorites, Halliburton: http://finance.yahoo.com/news/Halliburton-1Q-profit-up-on-apf-2640376789.html?x=0 "The Houston company reported first-quarter earnings of $511 million, or 56 cents per share, compared with $206 million, or 23 cents per share, in the same period last year. Revenue rose 40 percent to $5.28 billion." The Saudis have cut their production, and they know there is not a supply problem right now: http://www.theage.com.au/business/saudis...0418-1dk3v.html No doubt the speculators and oil execs will use that to jack prices up even further. "Crude oil for May delivery climbed $1.55 to settle at $109.66 a barrel on the New York Mercantile Exchange on April 15. Al-Naimi declined to comment on U.S. futures prices, which are up 28 percent from a year ago." I say anyone who thinks speculators have nothing to do with oil and gas prices is crazy. I look forward to reading more news of record oil profits very soon. I do hope the fat cats, speculators and whoever else is involved all get to enjoy the obscene money they make at the expense of ordinary working people.