During 2008 we saw massive increases in the price of petrol at the pumps. All through this period we had a continuous stream of oil company spokesmen telling us there was nothing they could do to lower their prices. Well, it looks like that was a load of old pony. Mind you, did anyone believe them? I certainly didn't - I've heard all their excuses before - only to be followed by news of record profits.
Many companies went to the wall last year, unable to keep up with rising fuel prices. Many families struggled to keep cars on the road, how many of those families built up debt just to get to work?
BP announced its annual profits jumped 39% to 25.6 billion US dollars (£18.1 billion) as last year's soaring oil prices fuelled results.
The performance came despite a profits blow in the final three months of the year, as prices retreated sharply from the record of almost 150 US dollars a barrel reached in July.
But BP's profits - alongside rival Royal Dutch Shell's European record of £22 billion in profit last week - leaves the duo with a combined £40 billion haul from 2008.