I hold the opinion that the market is perfectly efficient at showing the opinions of all the market players, the money invested both long and short. I have never believed that the market prices always reflect the underlying fundamentals simply because no one can possibly know them perfectly and, of course, because they change and are always changing. So, I agree that the market is still trying to digest the past damage. The question, as you said, is to what extent the damage will alter future supply versus demand numbers. The national news is now constantly warning that energy prices may appreciate quite a bit, with winter at hand. And there have been reports about a possible turkey shortage (Thanksgiving). Perhaps one of these days the evening, national news will mention coffee, instead of toilet paper and turkeys.