Yes. There's quite a bit in our monetary policy report, not just this one but in the previous one about those constraints, transportation constraints and market access constraints. Various terms are used and quite a bit of analysis has been done by our staff on what the implications of that are. Today what I was drawing the distinction between is that yes, oil prices are indeed quite strong compared to where they were just four or five months ago. However, what firms are telling us is that they are still planning to invest less. The reason they're investing less is because of the uncertainty around market access.
That's what I was referring to in today's statement.
In the wake of the big oil decline in 2014-15, we basically had about a 50% decline in investment intentions. This only makes sense because investment intentions were framed around much more expensive oil. This year we are monitoring another 20% decline in investment intentions based on the situation. It's not necessarily just about oil prices but the situation, which I think is primarily about market access issues.