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Have you checked what Exxon and others are doing with their profits. Sounds like they are buying up all their outstanding stocks that they can get their hands on. Might be wrong as I'm no stock market expert.
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They sure aren't investing it in more refinining capacity!
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BTW - Exxon recently reported a profit of 9.2 billion dollars for the last quarter which is the largest amount of profit recorded by any company anywhere in the world ever! Maybe the high cost of gas lies within the USA.
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Capitalism out of control, thats what it is. The system needs an overhaul. Speculators shouldn't be controlling the prices at the pump. Why are we bailing out the mortgage industry?
