And anytime you need more profits you get a story written about Iran. Wall Street response by bidding up the price and sticking it to the consumer. Don't forget the Hurricane season, that drive up summer prices whether or not they effect oil supply.
At 371.6 million barrels,
U.S. crude oil inventories are well above the upper limit of the average
range for this time of year. Total motor gasoline inventories increased by
2.2 million barrels last week and are above the upper limit of the average