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SESSION ON SOME OF THESE FUEL DEMAND CONCERNS. WATCHING GNAT GAS TODAY, FRANCISCO JOINS US TO DISCUSS. NAT GAS, MOST OVERSOLD IN SEVEN YEARS. IS IT CLOSE TO A BOTTOM? CARL, YES WE THINK ITS CLOSE TO A WE THIS CLOSE TO A BOTTOM. OBVIOUSLY, WE HAVE HAD A VERY WARM WINTER. WEVE ALSO HAD A LOT OF WIND GENERATION AND ALSO, ON TOP OF THAT, REMEMBER, WE HAVE FREEPORT GAS LOOKED UP IN THE U.S THATS TWO BCF A DAY FOR SEVEN TO EIGHT MONTHS. THATS ABOUT 400 TO 500 BCF THAT WE GET OUT OF THE SYSTEM SO WE HAVE HAD THE WEATHER GOING AGAINST DEMAND SO I THINK WERE GETTING CLOSE TO THE BOTTOM FOR GAS. ALL RIGHT OVERALL, ON ENERGY, I SAW ONE FIRM TODAY RAISE THEIR DEMAND FORECAST FOR THE YEAR BY QUITE A BIT. LARGELY PINNED TO CHINA. IS THAT THE MODE YOURE IN RIGHT NOW? YEAH, I MEAN, LOOK, I THINK CHINA IS GOING TO BE DRIVING DEMAND FOR OIL EMERGING MARKETS GENERALLY INTO THE NEXT 18 MONTHS BUT ITS BEEN A LITTLE SLOWER THAN WE EXPECTED SO FAR. REMEMBER, THE FIRST COUPLE OF MONT