expansion of oil on public lands, they canceled the keystone pipeline. number two, we overstimulated the economy coming out of covid with $7 trillion, and now the economy is vibrant, and demand is going up. and number three, oil companies are no longer chaseing growth at all costs, but now they're chasing returns. in other words, companies are being designed to generate free cash flow instead of growth. combine all of this, and no one believes that oil will be over $100 a barrel this time next year. edward: interesting. we've also seen regulations come in and discourage that investment going forward. we talk about this latest move by the administration, we're talking about the national petroleum reserve which is in alaska about 23 million acres. what do you think's behind the moves for all this regulation, for everything you just laid out and now this latest move in alaska? >> well, it's obviously, you know, progressives want to ban fracking, they want to ban the exploration of energy production across the board not just on