Industry committee  You mean what those customers do with the gas once we sell it?

Industry committee  Then I would answer yes, I don't know that.

Industry committee  That's right.

Industry committee  The problem was that we won't pay a purchase price for a closed refinery. That's where we are. Shell's view was that this refinery's going to have to be closed, and our view was that we don't think we'll be paying for a closed refinery.

Industry committee  We have a schedule that we can provide.

Industry committee  It's in Tyler, Texas. It's a brand at 60,000 barrels a day.

Industry committee  Right.

Industry committee  That's such a cosmic question. It would seem to me that from an end-product standpoint, gasoline and diesel, the absence of being in control of your refining situation is not good in terms of the obvious part of what you were saying, and I don't think you could replace that on a spot basis.

Industry committee  You heard the numbers that Mr. Oblath gave earlier. That would be included in that. My recollection is that the turnaround costs in the first three years—I'm going from memory, and I don't have a great one—is somewhere in the neighbourhood of $80 million, for the turnaround portion.

Industry committee  The part that needs to be done by next spring is not that; it's the $50 million.

Industry committee  The speculation would be not a lot.

Industry committee  We've not been given access to a large number of the contracts, so I don't know.

Industry committee  Yes, if you're talking about any kind of gross profit per barrel at $15, that's very competitive.

Industry committee  What I understood you to say was that they would continue to operate the way it's being operated now.

Industry committee  We would be willing to re-establish discussions and negotiations for the purchase of the refinery if that were to happen.