Why do people think that oil companies are making huge profits off the oil crisis?

They are not making more profit due to the price of oil. It is due to the volume that they are selling. Demand is up at the moment. Also the tax cuts Bush gave increases their overall profits.Why do people think that oil companies are making huge profits off the oil crisis?
Because the general public are stupid sheep, they believe everything they are told..Gas companies make 3-4 cent profit per gallon of gas, not to mention the billions it takes to find and produce it.. It is not your constitutional RIGHT to have cheap gas. I hear people complain about the price of gas, but they are still driving WAY to fast and not willing to slow down. China and India are both buying and demanding and paying for the gas we used to get.... so get a bicycle and start riding it, because china and India are only going to get more oil.Why do people think that oil companies are making huge profits off the oil crisis?
There is a great difference between the profit of Oil Companies and the profit margin of gas stations. The Oil Companies are very greedy and always have been.We can thank our so called friends in Saudi Arabia and Kuwait for the price of Oil being so high. They have used the USA for their purposes and exploit us after we saved Kuwait. They are no friends of our country and the sooner we realize it, the better we will be off. We need to drill for Oil in Alaska etc.
Of course it is due to the price of oil.





They are limiting supply so that the selling price goes up. Meanwhile, they have not increased any of their labour or other operating costs. The only difference is they are selling it for more because like you say, people will pay because the demand for it is high.
You are EXACTLY correct.....the big oil companies profit LEAST from the sale of gas.....even the government makes more money than they do.....





72 cents of every gas dollar goes to OPEC.....18 cents goes to the government.....the big oil companies only get 10 cents





If ALL the big oil companies sold was gas.....they would go broke..... their record profits come from increased demand and related products..... AND the profits are shared by MILLIONS of investors through stock dividends..... if you have a mutual fund YOU probably got part of those record profits
the oil they pump out of their own wells is profit. They are not paying anyone $138 a barrel for the oil they pump out. I think it cost them 98 cents a gallon to drill, refine and transport a gallon of gas.
Because the leftists tell them so, and most people don't want to bother thinking for themselves.
they are profitable based on the monopoly they created to control the prices....
Because they can! Time for fuel cells, and not bio(food) sources, either, that starve the world.
They might be a little appreciative and give the American Citizens a break in price..
Erm... let me think about this... because they are. When was the last time you saw an oil company file for Chapter 11???
because they are
could it be because...hmmm.... that's EXACTLY what is happening?