Raping and Bleeding US dry

How the Oil companies are Raping us and Bleeding us dry
The profit margin has definitely increased since the early 1990s:

"The evidence is in the numbers. The domestic gasoline price spread  –-  the price of a gallon of gas, minus the cost of crude oil and taxes –-  has increased by 30 percent from the mid-1990s to 2004. That spread measures the share of a gallon of gas charged by refiners and marketers. In the mid-to late-1990s, the domestic spread averaged 39 cents per gallon. But during the post-merger period from 2000-2004, the average domestic spread has been 51 cents. (See  Fueling Profits, a report by Mark N. Cooper for the Consumer Federation.) This translates to an increase in U.S. gasoline prices of $55 billion, the amount by which U.S. consumers have been price-gouged. It is no coincidence that oil corporation profits are at record highs."
Neiman Watchdog

According to one report Exxon Mobil sold 621,960,000 gallons of gasoline in 2005. They profited $36.1B in 2005.

So if Exxon Mobil reduced the price of gasoline by 50c/gallon (remember they control almost 30% of the price [from the DOE] since they also control a majority of the oil refining capacity companies too), it would decrease their overall profits by just $300M dollars. They would still have made over $35.7B in 2005.

PS. At a national average of $3.07 (We're not far off that now) in Sept 2005, Gas refineries were making $1/gallon PROFIT. That's included in the 22% control of refining capacity and also in the bottom line of the Big oil companies like Exxon Mobil.
I won't go as far as Beeville, Texas mayor who demanded that ExxonMobil drop prices to $1.30 and boycott them until that happens. Because I don't think it will ever happen. Gas companies will just not allow prices to ever dip below $2 again. What will happen from my wallet's POV is that I will never buy another gallon of blood gasoline from ExxonMobil EVER again.