oil

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terms of the actual kind of prompt futures benchmark that everyone watches, that capped out well below $200 a barrel. The thing I will say is that the reason I initially expected crude oil to rise to $200 a barrel was because that was at that stage where we expected we would need to generate the the degree of demand destruction that we would need to balance that market. You know, if people like, oh, did you not expect the reroutes or the SPRs? No, no, all that stuff was expected. That 20 million barrels we lost out of Hormuz, we

The thing I will say is that the reason I initially expected crude oil to rise to $200 a barrel was because that was at that stage where we expected we would need to generate the the degree of demand destruction that we would need to balance that market.

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