is it howard ward? value centric investors that may take an opportunity to look at the actual commodity and the underlying equities themselves. >> how much do you think hedge fund speculators are driving the current price of oil right now? >> i don't know about that. you think about your today, the e&p equity index is up 16%. in q1 -- part of it is seasonal too. >> it is not just about exxon mobil. >> the most volatile part is the ep sector -- e&p sector. expiration and production. unlike the big integrators that have the refinery and the production from the e&p company so have much in the way of dividend yields. i think this is important. there's so much focus on the forecasting of the price of oil. wall street collectively entirely missed -- did not get, did not expect the price of crude to go anywhere as near as low as it went. nobody was talking about 50 or 60 -- >> he caught it. >> please answer our twitter question of the day. do you think snapshot is worth $19 billion? this is "bloomberg surveill