Mr DInever claimed you were a mindless trasher and l am not a pumper of Encc in the least ,but l am pro oil at this juncture . Do l expect an EtF with oil and pipes to rocket to the moon , not at all , l am just hoping for a steady increase in prices followed by a steady SP increase.This is not pumping but this sector at present and this ETF is making a return on my investment , small as it is. In regards to Middle East , the Saudis cut production to protect a price point long before the Gaza , now Lebanon and today Syrian problems with the escalation against Israel. The issues l raised with you as l only posted to you were because l knew we could have a reasonable discussion even though we are on different sides of the fence.For the poster who said put me on ignore fair enough , that's his choice but my dog is I am glad l am not like all others or at least him and his lemming like behavior , too many like that , if they don't agree hit ignore or abuse and go crying to their mommy's or someone else who will listen. By the way the declining rig count in my take is not because production isn't profitable but because shareholders and fund mgrs are demanding a return, Financial lenders are clamping down onnew money and interest rates have risen too much ,too fast. And while it's not perhaps usual for the gungho oil CEOs to show restraint and prudence , l think they learned something from2014 and especially when oil turned negative and there were a pile of company's going under and a pile of those high paying jobs disappearing. Cheers.