whatever happened in peak oil, that was the story. I mean, we were never expecting to see ever, there were people that said, you'll never see below $100 a barrel again. Of course, right? Dow $20,000. But truly, putting aside the dollar figures, I don't think, I think many people didn't expect to go below $50 again. We had been primed for that. We had Harvard's peak. We understood, no one could imagine that the US would be energy independent. And also, not only that, but then I just want to say this as well, and I would love for you to touch on this, is the fact that so many of these companies across the globe are unprofitable at these levels and countries. So I'm curious what you have to say about that and tell me, maybe I'm incorrect on that. No, so I think that structural shift, and we were talking early about volatility in FX markets. One of the things back in 2013, even early 2014, that worried me as someone that watches the oil markets closely is how low the volume and how low the (29/45)
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