Or, they want to limit supply to push up prices.
That would be a crime - and if there were evidence they were doing that, they would be indicted. That charge is leveled at oil companies every time gas becomes expensive and their executives are hauled in front of congress and grilled about it. Congress makes a big show of it so everyone thinks they're getting tough on oil companies. The charge is investigated and dropped every time - as it was already this year. If you have evidence that they missed you should let your representatives know.
You're telling me that 500 feet away from ANWR they can't make money pumping oil
No. I didn't mention ANWR.