What a wonderful question.
The advantage of having a great production well is that you can enjoy economies of scale in terms of how you produce. When you get to the capital equipment necessary to process it, we're talking about very long timeframes to construct that and a long expected timeframe to use it. Right now, just in the oil market, the capacity to process very heavy oil is dominated by the U.S. midwest and the U.S. gulf coast. They do it very well, and they have a lot of excess capacity today.
That phenomenon is growing in California right now as their reserves go down and they strand a lot of capacity.
In that market it makes a lot of sense to increase pipeline access down to the capacity, but in the future, it may make a lot more sense for us to look at the emerging market, which is unconventional natural gas. There's a lot of it and there are shortages worldwide.
Being able to imagine exporting or processing and then exporting the benefits of natural gas—whether it's transforming it to electricity or transforming it to liquefied natural gas—makes sense. That means that, broadly, diversifying how we imagine investments in capital for refining, processing, and pipelines is very important, and not just slavishly following something that was successful 10 or 20 years ago.
The world is changing very rapidly in terms of the types of fuels that are coming on the market and in terms of the changes in demands.