We're within a million barrels of the all time peak in world oil production. The one potential saviour for this situation could be a shale revolution, two point o,. If we can restart the us Shail revolution, it could save the economy. But that's still at least six to eight years off. In many ways, i have a set up which is the most bullish imaginable for oil prices. It's not just whether people are happy about the price at the gas pump but if they don't get rid of fossil fuels as our primary energy source.