Oil Companies Continue To Record Massive Profits:

Responding to pointed questions about record setting profits, big oil has stated that American retirement plans own large shares of the companies.

Royal Dutch Shell and Exxon Mobil are big winners, showing profits up nearly double from last year. According to The New York Times, their profit margins are up. In case the terminology confuses you, that means they're buying crude oil for less but not passing the savings along to the consumer. Hmmm, where have I heard that before?