Oil companies don't control fuel prices as much as the oil traders do. The price fluctuates due to supply and demand. High demand + low supply = high price. Why the high demand?? Look no further than China. Everything's diesel and they are buying all available. Supply? Well the world's refining capacity is not high enough to meet with demand. So the fuel that is produced commands a high price. Maybe the oil companies don't want to build new refineries because they realise that crude oil is reaching it's end. But why aren't they investing in alternatives?? Work that one out for yourself!
http://www.lifeaftertheoilcrash.net/
Quote from: "vwmike" http://www.lifeaftertheoilcrash.net/i better get goin making some bio fuel then! :shock: i can't believe we still use so much of the stuff and we still haven't put in place any type of feasible system to switch over to bio fuels and alternatives before we run out of crude completely. :?