Robert Beck delivered a presentation at the 2018 Argus Methanol Forum titled, “The Global Crude Oil Market: What is ‘Permania’ and Why Does It Matter?” Mr. Beck provided an overview of worldwide supply and demand for oil, now at 100 million barrels per day. He also explained how the Permian Basin is the world’s fastest growing oil source, and how its associated natural gas could lead to lower global gas prices, indirectly benefiting methanol manufacturers.