As a rabid capitalist I have to question the term "too much profit".
Oil companies are not public service organizations nor are they non-profit corporations. They are in existence to make money.... as much money as they can.
It sure would be swell if the oil companies were nice guys and would keep their profits low for the betterment of society and their fellow citizens.
That aint how capitalism works.
Oil companies have the legal right to market their product at the highest price the market can bear. We have anti-trust laws to prevent gouging but it appears that the large oil companies have not violated these laws.
Naturally, I, as the customer would like the price to be lower. That is also the nature of capitalism. I feel that all companies that sell me stuff make "too much profit".
But it aint my oil I am buyin.
It is unfortunate that my lifestyle is dependent on buying oil.
Unless we are going to nationalize the oil industry and declare it to be a national resource, there is little we can do.