WHAT'S THE INCENTIVE TO DRILL?

Big Oil is raking it in at historic levels so I ask: What's the financial incentive to drill? Why would they try to lower their profits?

Big Oil's biggest quarter ever: $51.5B in all
By JOHN PORRETTO, AP Business Writer
Fri Aug 1, 5:11 PM ET

HOUSTON - Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time.