Q I mean, that's always been the story. That's been the story of the Gulf, right? They're not going to, if they just flooded the market with every single barrel that they could possibly produce, they would be getting a worse.
A Yeah. And there's this cartel arrangement that does, I mean, in a sense, everyone has this on different timescales. You think about us shale producers, if, if, if prices were sustained at a hundred dollars, guess what? There's a whole bunch of shale deposits that they could produce at 75 dollars a barrel and make a fortune on that. They're not going to do four weeks ago when it was around 60 dollars a barrel, but, but in terms of the thing about the Saudi oil is it's produced at a much lower cost. So this is them saying, Hey, We have some of this on the table, and then the question is, you need to be able to produce it, and then you need to be able to transport it. So you have estimates around maybe you could get one to two million barrels a day. So that's one of them. Uh, in terms of emergency, if you look around the world, you don't have a lot of immediate spare capacity besides that. So we have what's called emergency capacity or strategic petroleum reserve. You know, it's, it's, you already mentioned that we didn't fill up our strategic petroleum reserve. I think this is unequivocally a mistake. I mean, if you look at the, the whole thing of the strategic petroleum reserve is you want it for when you need it. And the best possible time to fill it up is when prices are low.
AI assessment note: “Yeah. And there's this cartel arrangement that does”