Oil companies are making 10% profit. Refineries make 4%. Microsoft makes 30%. Businesses that don’t make profit have no reason to remain in business, and 10% isn’t much.
The “record profits” comments are based dollar amounts that seem ludicrous, but the fact is, the industry is paying 9x that to make that profit margin. The reason the number is so high is because of the volume of product sales. Who’s more evil? The oil company for providing the product or the people who are using so much of it?