less oil and gas, and that means as demand has fallen, so has the price. and that's the real danger point that maybe this economy is slowing down so much, people are going to pay less for gas, but they may not have jobs. jenna: and that's the trade-off. phil, i gave steve the first question so we could salute you because you predicted this way back in february. you said gasoline prices were going to drop below $3 quicker than go past $5. so however do you think they're going -- how far do you think they're going to drop? >> dramatically. i'll go out on a limb and say the era of high gasoline prices is over. i think the high price that you paid this summer in the buildup to the war of iran may be the highest price you ever pay or at least for many, many years. there's been a fundamental shift in the u.s. gasoline market and the global market, and, yes, there's been a slowing in the economy, but it goes further than that. i think we've seen some long-term demand disruption in gasoline that may not come back for many, many years. add to that new u.s. and canadian oil production and on