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Well, BP was on the hot seat in Congress about the penny pinching they did that led to last Summer's oil outage at Prudhoe Bay:

[url=http://www.ft.com/cms/s/bdcb1f84-04be-11dc-80ed-000b5df10621,Aut ...

I think they're making plenty of margin. And some companies, like Valero, adapted many of their refineries to use sour crude. Yes, it costs more to refine, but it sells for a discount.

Here in Cali ...

Any excuse to shut down oil facilities:

http://www.adn.com/money/story/8827667p-8728464c.html
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> Heavy equipment accident idles Prudhoe Bay plant
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> NO INJURIES: North Slope outpu ...