Fricking government is absolutely clueless on energy. They sit there and rant about the "evil" oil companies but offer "solutions" that will only exacerbate the problem. Their grandstanding only appeals to the sheeple who have no idea how economics work.
They are barking up the wrong tree. The oil companies profits are due to the unregulated speculators in the stock market which was deregulated in 2000. Supply and demand are no longer what drives the prices. Iranian president farts loudly, oil prices go up 20 cents. Venezuela shakes fist at US ... prices go up. Thats not supply and demand thats extortion by a small group of traders on the American public.