. >> host: to david thnorthport new york, your next. >> caller: i remember in 2020 during the crash in oil at the time i think saudi arabia and russia were working together to push erdown the price of oil to undermine the fracking industry. now the fracking industry functions at a higher price of oil by loading up on massive amounts. but the interest rates artificially low was able to maintain that debt. at this point at $80 a barrel it seems like a good spot for fracking to be productive. i'm curious to what's going on with the fracking industry . >> that's a good question.i think you're right. the break even in the price i guess to break even in something like the basin is around $43 and owwhere well above that so you got to wonder why aren't we producing more out of these places. but again i think it comes down to the cautious view. for a long time a lotof these producers were just producing . and not necessarily a profiting off of this but over time they started bringing more promises to rain that it is a weird thing and more cautious about that. there's an interesting example from