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Oil Price Insurance
Sconda: Oil majors posting record profits, why in the world would you need to underpin it further? i think one thing hats rellyinteresting is to think about the way in which the s p r can be used to really kind of ameliorate this challenge we're facing. Consumers care about the spot price, whereas producers probably care about a price you now, 12 to 18 months down line. So that's really, in some ways, the price that matters more than the spot price. And all els equal, that should reduce the investment in sent or investment signal to the patch.