Tracy Allaway

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And I'm Tracy Allaway.

Right.

So I'm looking at a chart of WTI at the moment, which might be a little hint as to our guests that we're about to introduce.

But it's currently at around $83 a barrel down.

Right.

Although everyone can already see the headline on this episode if they clicked into it.

But anyway, it was at $112 per barrel in March or actually in early April.

God, I

Time flies when you're talking energy crisis and war in the Gulf.

Yeah, that's right.

So, I mean, this was also part of the Iran story, this idea that, well, if we get a huge hike in the price, if oil is going to be above $100 per barrel, then maybe we'll see some sort of supply response in the U.S., right?

Yeah.

It's basically been trending sideways.

In fact, the last available data, it fell by three.

And then if you go out even further, you know, it's kind of been going sideways and slightly down since basically 2023.