 Jumping off that basil. I'm gonna jump to crude oil real quick. We got 10 25. We get the crude EIA numbers at 10 30 crude quite a market as well Yesterday we got some huge action negative and positive Tuesday. We spiked to a low of 55 19 You actually trade from about 24 hours from 10 a.m. Yesterday up to above $57 or $2 to the upside by 9 30 this morning. You got crude trading at 56 74 right now And I'm just gonna take a look basil real quick in terms of what kind of premiums they're pricing into this market as we get that Volatility jumping into crude. I'm gonna take a quick glance at even the 11 a.m. We're looking at 5675 right now and we have a couple contracts that line up pretty nicely with exposure to the upside from 5675 and We're trading at 5676 right now So within a penny of where that contract begins at you're paying about 20 cents in premium for the bullish side You're gonna be paying a pretty considered consistent 20 cents to the negative side and So you're looking about $40 or be about 40 cents basil from where we're trading at right now And that's the 11 a.m. So you're only giving yourself about a half hour But anytime you got oil oil's really been rocking. It's been trading with I over the last couple of days I've kind of liked oil I know it's in a training band and just made a peak D in the chapter wave on the ten minute chart But I to tell you the truth I think that going to the going to the Crudall daily chart I drew this in the other day I put in a rectangle formation between 57 42 the high of the 13th of August in the continuous contract Look at that and on the 15th it made a low of 53 72 And I made this rectangle and I said, you know a rectangle formation can last a lot longer than your patience We've seen that many times. So I think crude all is doing quite nicely here I wouldn't be surprised if it hasn't popped Excuse me $2 in the last 24 hours. We get those EIA numbers when we come right back folks stay tuned We'll be right back. Welcome back folks Tommy O'Brien joined by Basil Chapman this morning So we have the EIA crude oil stocks at a minus 2.7 million barrels The estimate was for a decline of about 1.9. I get the chart up here basil no real reaction off the bat We were sitting at 56 76 about you have the market spike a bit lower. We'll zoom it in a bit This is a five-minute bar. We spiked to 56 58 But we're within about seven pennies of where we started 56 81 right now in the price of that crude contract As we see where we go as we have the inventories again coming in at a decline of 2.7 million barrels The estimate was somewhere between about 1.5 and 1.9 decline. So a little bit less crude We got folks if you haven't checked out the den I got all these den members They're putting all that good information in there You have gasoline with a rise of 312,000 barrels the estimate was about a decline of 200 So we'll see what happens. We're pretty muted response right now. So far basil. We'll see where we go But 56 74 maybe that crude contracts just gonna hang out in that box that you got I Think I yeah, that's what I that's what I would anticipate and one of the reasons is that With the economy Still acting pretty well I don't really see why crude oil should start to decline under the 52 level of course the famous words You never know right, but I think it should hold steady. In fact, I It will I would not be surprised if it ready. It's just a little bit negative stuck in the range It's been resilient for sure. I mean I come in I come in this morning. It was above 57 It seems like I'm constantly lately surprised To the upside almost as you added trade all the way from you know You have the chart up there from above 60 bucks to almost approaching 50 and then boom before you know it We're up $7 and folks $7 when crude was at 50 52 I see that c-point down there basil on the daily And man for $7 on a $50 price of crude folks You're talking about you know 14% on the on the price of a barrel of crude Which just is a mammoth move when you think about how much crude we use across the globe on a daily base It also brings me to a point that says if you look at this weekly chart Let's forget about the right side with it with the monthly But the weekly chart it really shows you that it's been stuck in a range for about almost a year Yeah, very whoopie range But if you look at it in the context of where it had been back in 2000 October of 2018 that drop in the 78 area dropping down to the 42 And I know right, you know, this is really a very very mild move over the last certainly the last couple of weeks So yep, that's a good sign I completely agree because that move and it's when we saw the markets falling apart So I agree, you know as the economy is doing well You saw that really fear come into the market just what Christmas Eve of 2018 and that's right where you had crude collapsing with the market on economic woes economic fears and We've seen a nice rebound from that because man There was really some fear as it hit that 42 60 which is just a mind-bending number when you think of where we are in crude Right now we're almost at 57