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A lot of it has to do with the oil and a lot of it indecision about libya and things like that. >> i think first of all you are correct in that assessment. secondly, you are also correct if you believe that oil prices are not going to move much higher from here. we are going to initially see less demand for crude oil, not more. it will take time for that crude oil to be bought by japan to replace what it has lost in nuclear power. nuclear power -- >> bill: you think gas prices peaked in the u.s. right now. >> i think they have. levels where they are going to be to the remainder there. >> bill:...

A lot of it has to do with the oil and a lot of it indecision about libya and things like that. >> i think first of all you are correct in that assessment. secondly, you are also correct if you believe that oil prices are not going to move much higher from here. we are going to initially see less demand for crude oil, not more. it will take time for that crude oil to be bought by japan to replace what it has lost in nuclear power. nuclear power -- >> bill: you think gas prices peaked in the u.s. right now. >> i think they have. levels where they are going to be to the remainder there. >> bill:...

A lot of it has to do with the oil and a lot of it indecision about libya and things like that. >> i think first of all you are correct in that assessment. secondly, you are also correct if you believe that oil prices are not going to move much higher from here. we are going to initially see less demand for crude oil, not more. it will take time for that crude oil to be bought by japan to replace what it has lost in nuclear power. nuclear power -- >> bill: you think gas prices peaked in the u.s. right now. >> i think they have. levels where they are going to be to the remainder there. >> bill:...