for exactly the reason helima croft was giving.ehave less demand for oil, have an oversupply, u.s. is going energy independent. guess what? fewer options. >> where is the tipping point on oil? we heard from stephen short is $72 a barrel. does halliburton and baker hughes signal a behavioral change? >> i would watch for the opec meeting in terms of potentially where there is a floor. >> are you going to it? >> i wish. it is on thanksgiving day. >> helima croft has a higher floor and oil for saudi arabia, $100 a barrel. i look atdo, because the defense spending. so many of the projections on saudi arabia and the budget do not include defense spending because it is not probably disposed. that is 31% of their budget. i think break evens are much higher in saudi. >> let's get back on script. what does halliburton mean for the oil business from your economic purview? >> in terms of the notion that the low oil price. is this going to become the new normal? i guess i take a bit of a contrarian view because i do believe there is phenomenal