NuttalListen to the show and you will hear What everyone knows already. Oil can’t stay at these prices or new drilling will stop which if you look at North American drillers you will already see there is almost no new rigs or drilling planned beyond this year. There future is bleak also the fractures and sand companies are looking at 30 percent or more less business next year. That means a large slow down in production and balancing by year end. Panick is the best thing in equity markets and in a few months people will wonder why they sold and didn’t sell the house to buy at these prices. This is the chance of a lifetime. Remember 2008 oil bounced of the bottom and if you bought your now retired. When’s the last time you saw .90 gas at the pumps and do you really think it’s going to 80 and if it did how long do you think it will last? I’m betting on 1.25 gas again and I’m betting it’s coming soon. Enjoy the cheap stuff it’s not lasting long. At least that’s my take.