Exploration for new oil is controlled by the enviros, not by profit margin. The billion dollar Alaska pipeline was built with corporate money more than 30 years ago, when crude oil and pump prices were a fraction of what they are now.

I've read where big-rig truckers living on the southern border are traveling into Mexico, where they have been reported to save up to $500 on a fillup.

Capping profits is almost always a bad idea. Perhaps the public should charge more for the oil found on public lands.... I'm just saying...

Jim