welcome dennis gartman, publisher of the gartman letter. you said there was going to be a deal.ut then thought, oh, you know what, they're probably going to cheat. >> they will cheat. >> when do they start cheating? when does oil fall apart? >> it's only a matter of time before they do cheat. this doesn't go into effect until january. they can't begin cheating until january. they'll begin cheating by february or march. always have, always shall. it's not going to change. not a problem. i think what happened today, however, the fact we have not heard from the russians really important russians. we haven't heard frommy gore searchen yet. he said he had no intention of curtailing production. he hasn't said anything, and i wouldn't be surprised if he says i'm not going to take part in this. i think you've got to $52. i have been on here several times i think 52 plus a contango of $4 out to one year, gives you $56 for a one-year forward. every fracker is going to make money, and hedging that aggressively. it's going to be hard to push wti much past $52. >> in trying to think of oil's