One example below of who’s making the profit on energy (oil in this case, proffit – $48.4bn in Q2 – up 90% on the same period a year earlier) and unsurprisingly it’s in the upstream producers which typically aren’t the companies we as consumers buy from. IMHO regulation (but how do you regulate a foreign company?) or subsidy seem to be the only real options, leaving the market to self adjust will just result in more pain for those that can least afford it.

Let us know what you think ….