The one thing that's important to note is that Saudi Arabia did not create this problem. This problem was created primarily in the United States and Canada with our technology development and our inability to get beyond Canada's borders with our product. A little bit of South America has created some of that supply problem that we have, but it is not a Saudi Arabian or Iranian problem on the supply side. They have not increased their supply substantially. We just can't get out to other markets.
On February 17th, 2016. See this statement in context.