Economic Darwinism
I see that ExxonMobil reported huge profits recently. Does anyone else think it's odd that an energy company is making record profits while consumers are suffering at the pump? Remember, these are profits we're talking about here, not just revenue.
In the long run, though, this could be a good thing. By gouging consumers in a monopolistic fashion, the handful of energy companies that run the world will force people to conserve and maybe even cause alternative sources of energy to become cost effective. So, it could be a nice double play for the benefit of the world, and poetic justice, caused by the greed and shortsightedness of companies like ExxonMobil.
A smarter company wouldn't raise its prices so high that it turns off its own customers and harms its own market. But, hey, ExxonMobil, Shell, and the others may be gluttons, but no one ever said they were smart.