[applause] one of the world's most gifted singer songwriters, stephen morris known to the world as stevie wonder craft stores -- stories about love and loss and a musical style entirely his own. he is celebrated for his exuberant creativity, virtuosity on multiple instruments and his mastery of a wide range of has gained result him millions of fans and 25 grammy awards. beyond his music, he hasn't cracked the world through his advocacy and his championing of people with disabilities. creating music in the key of life, stevie wonder has brought greater harmony to our nation. [applause] [laughter] >> what an extra near a group. it lets give them all a big round of applause. [applause] the incredible performances, the incredible innovation, the incredible ideas. the incredible expressions of the human spirit. not only have they made the world better, but they make us a little bit better every single day. we are truly grateful for them and on behalf of michelle and myself, please enjoy the reception. god bless you all. [applause] [captions copyright national cable satellite corp. 2014] [capti

. >> let me note also that ed morris himself is supposed to be on the program tomorrow. stephen, weigh in on this. do you think the era of $100-barrel oil is over? >> look. i think you have to look at the long-term cost of production. production in north america has risen dramatically as you know and when you look at the long-term cost it's come down dramatically. so i think a longer-term number around $80 to $85 is probably where the marginal cost settles out. >> steph? >> my question to both of you is let's just say we bottom to around 52, 53, 55, how do we get back to the level we talked about or the $100 barrel. unless you see real demand -- and maybe it's the monetary policies that are going to help with that side of the equation. it doesn't sound like from both of you that it will get going. what gets it higher? >> look. i have never seen it go this low except when an economy is in entire recession. i don't see that right now. again, we're seeing every year -- it's not leak it used to be. there would be 1 or 2 billion barrels added on. now it's down. it still continues to