Yes, the oversupply in gas—gas being trapped in North America—was much larger. Most wells don't produce exclusively oil or gas. What happened in the last number of years when gas prices collapsed and oil prices went up, people drilled for liquids, and they got associated dry gas with that. Gas volumes continued to be produced, and whether or not somebody could make money on it was immaterial because they were making money on the liquids they were producing.
On March 10th, 2015. See this statement in context.