producers of the world have some excess capacity to produce that at other times they might not have had and they have expressed a willingness to do that if there is a large supply disrupti disruption. i'd say the one thing to remember if in your mind you're thinking the 1970s is that our energy intensity per dollar of gdp is a lot lower now than it was then. so most people think that we -- the macroeconomy is less sensitive to oil price movement, but it's clearly something we're monitoring. >> well, you just got in macroeconomy, look at you. >> and the '70s. >> it's because of you guys. i know you love that stuff. >> austan goolsbee, chairman of the council of economic advisory board, thanks very much. thank you for making your first stop this morning on "daily rundown." >> great to see you again. coming up next, brace yourself, everybody. we're going to let chuck suggest what to put in today.
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