A further slowdown in the US, potential interruptions in Europe's gas supply, gasoline demand destruction in the work from home era, an SPR (strategic petroleum reserve) that needs to be refilled, there are a number of competing forces impacting oil and Francisco joins us to discuss how he believes they may influence price. Should Russia curtail gas supplies to Europe, the European economy may slow further but a scarcity of gas and power could also boost demand for alternative power sources, like diesel. Over the longer term, though, energy demand will face challenges as the world transitions to EVs and the peak for transportation fuel demand isn't that far off, something that will impact investment in new capacity and and eventually demand.

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