Mackie McCrea: Okay. So around nat gas, there is another pipeline being built prior to that. We expect and anticipate the spreads across Texas to widen significantly. They really haven’t yet even with (ph) coming back online. However, look at the growth out there, I think we hit 17.6 Bcf. So the growth just continues and we do expect those spreads to widen at least over the next year and a half till next pipeline project comes online. And then around the crude spreads, it’s overbuilt — the industry has overbuilt it. It’s going to be that way for ruleways. But Lotus is such a great acquisition for us. We — Chris Hefty and his team continue to create deals on — with the Enable and with (ph) and then with this project, we’re so excited we can buy them to kind of multiples we’re providing bringing all those barrels into our system will not help the spread, but certainly will help our revenue if we continue to keep our pipelines full across Texas.
Tom Long: And there’s one thing to highlight, if you look at the slides that we posted out there. You noticed, we update the piece of the total pie on the sensitivities. It used to be 0% to 2.5% related to the spreads. We did take that up a little bit to 0% to 5%. So we have increased that a little bit. Not material when you compare it to the size of Energy Transfer. But it still is something that we did take up a little bit.
Brian Reynolds: Great. I appreciate the incremental color. Maybe to just touch on growth CapEx. It seems like most of the raise is due to Lotus and then the Nederland NGL expansion announcement. Just given just recent peer announcements with the focus on exports, and just the opportunity set for energy transfer at both Marcus Hook and Nederland. Just kind of curious of how we should think about future projects, could Nederland be upsized or how are you thinking about Marcus Hook opportunities as well? Thanks.
Mackie McCrea: Yes, this is Mackie again. Could it be upsize? It’s being upsized. And it needs to be upsize quicker than we can do it. The global demand for ethane and propane and butane is incredible. If you look at the (ph) facilities that are being built around the world over the next 12 to 18 months and also the growing demand for ethane, we are probably one of the most bullish companies in the industry where we think NGL process and demand will go over the next three to five, if not longer. So we have the tremendous capability both at Nederland and at Marcus Hook in expanding this expansion that we’ve talked about today. We’re very excited about, we pretty much maxed out what we can do right now with our facilities as quickly as we can to get these built.
They should be in service by the middle of 2025. We’ve already secured a number of contracts — long term contracts and we have an enormous base load of customers that we’re negotiating with and very excited about that. And as we’ve always advertise, we’re the only company that can export both in the Gulf Coast and also Middle East. And so ultimately we also anticipate that we will be expanding at Marcus Hook, our ethane capabilities — exporting more ethane. And so, we have set this up in such a way that we can source ethane out of Nederland and once we are able to secure enough ethane in the Northeast, we can move those customers up to our Marcus Hook facility and then reload new customers into Nederland. So we feel very blessed, I guess, for having these assets and our ability to meet the world demand for these growing products.
Brian Reynolds: Great. I appreciate all the color. I’ll leave it there. Enjoy rest of your afternoon. Thanks.
Operator: Thank you. And next question comes from Jean Ann Salisbury with Bernstein.
