We believe the markets for refined products have been tight for many months, and perhaps there's been no better time for a sale of an asset like this.

We believe that it is a facility unlike any other in the U.S. refining industry or perhaps the world. We expect to see broad interest in this asset.

The first option is to see how the market values the refinery.

We have signed a letter of intent (to study a sale).

Current market conditions are very strong, and the refinery is expected to attract a great deal of interest. The lack of refining capacity has further enhanced the value.