This would likely indicate to the Fed — which comes together today for its latest two-day Federal Open Market Committee (FOMC) meeting — that under the surface, there are still wrinkles of inflation yet to be ironed out. Good jobs numbers last week will keep the Fed’s focus directly on inflation; if the labor market were to suddenly deteriorate, this would change the narrative, at least somewhat. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."