RUSH TRANSCRIPT The production ░░░░░░░░ We did not see ░░░░░░░░ happening We kinda predicted ░░░░░░░░ Russia with a OPEC ░░░░░░░░ countries wants to stick ░░░░░░░░ the production cuts but ░░░░░░░░ Saudi thing surprised me ░░░░░░░░ Lawrence is not surprised ░░░░░░░░ c3 solution public policy ░░░░░░░░ the Saudi s and ░░░░░░░░ move in their tepid ░░░░░░░░ to the attacks on ░░░░░░░░ and again more or ░░░░░░░░ saying it s on ░░░░░░░░ s watch that this ░░░░░░░░ in essentially their fault ░░░░░░░░ get a different vibe ░░░░░░░░ the Saudi s what ░░░░░░░░ make of that We ░░░░░░░░ they have to pay ░░░░░░░░ golfers and soccer players ░░░░░░░░ that is an attempt ░░░░░░░░ keep prices higher It ░░░░░░░░ a little befuddling there ░░░░░░░░ some economic data that ░░░░░░░░ there could be weaker ░░░░░░░░ heading into the rest ░░░░░░░░ 2023 and early 2020 ░░░░░░░░ particularly in places like ░░░░░░░░ and Europe so it ░░░░░░░░ make sense so given ░░░░░░░░ the economic uncertainty in ░░░░░░░░ risk premium of what ░░░░░░░░ happening in Gaza you ░░░░░░░░ think they would be ░░░░░░░░ about boosting supply and ░░░░░░░░ the production cuts rather ░░░░░░░░ holding out of the ░░░░░░░░ million barrels and holding ░░░░░░░░ at 9 million in ░░░░░░░░ Neil you notice far ░░░░░░░░ than I do but ░░░░░░░░ believe oil prices are ░░░░░░░░ than they were at ░░░░░░░░ start a little over ░░░░░░░░ weeks ago how is ░░░░░░░░ possible That s right ░░░░░░░░ because of the robust ░░░░░░░░ of the United States ░░░░░░░░ you look at where ░░░░░░░░ U S has rebounded ░░░░░░░░ precode levels the efficiency ░░░░░░░░ ingenuity of the U ░░░░░░░░ market has put production ░░░░░░░░ 13 1 million barrels ░░░░░░░░ day and I think ░░░░░░░░ is a lot of ░░░░░░░░ in production particularly coming ░░░░░░░░ the usb and the ░░░░░░░░ s largest producer that ░░░░░░░░ do not see these ░░░░░░░░ that have such supply ░░░░░░░░ that they used to ░░░░░░░░ the past and thanks ░░░░░░░░ American production that could ░░░░░░░░ if there is decisions ░░░░░░░░ about Iranian oil production ░░░░░░░░ of the war escalates ░░░░░░░░ the broader Middle East ░░░░░░░░ right now prices have ░░░░░░░░ pretty steady Neil they ░░░░░░░░ in their holding today ░░░░░░░░ you for that The ░░░░░░░░ down 50 points in ░░░░░░░░ clinic we pride ourselves ░░░░░░░░ putting others first It ░░░░░░░░ on us to help ░░░░░░░░ for our clients well ░░░░░░░░ to help them adapt ░░░░░░░░ s inspiring to work ░░░░░░░░ a place where our ░░░░░░░░ succeed And we as ░░░░░░░░ do, too.