Daniel Borgen: Steve, Dan here. Consistent with what Brad said, we’ve been through these cycles before. And when the — I’ll call it the arb, when the arb is there and egress is limited and production grows it’s very responsive. Customers are very responsive to the need. Customers understand on a fact-based scenario that it’s coming. Obviously, that’s why we’ve had good discussions with the banks because this is fact-based, right? This is adding subtraction, if you will, in terms of the production builds, the egress, what’s going on, obviously, if SPR hadn’t occurred, we wouldn’t have had some of the deep discounting in the Gulf. So kind of a complete political manipulation of the market, which I don’t think is good for anybody, personal opinion, but it’s — certainly, we look forward — been here before, look forward to reupping it as Brad reupping the contracts.
As Brad further said, our DRU program is — really has nothing to do with that market dynamic. It’s more about just the netback, but it’s a very large commitment 10-year plus commitment but we are excited about — we hope to be able to give a fact-based detailed announcement later this month on our DRU expansion program. So we’re very bullish about that.
Stephen Ferazani: Look forward to the update on that, Dan. We’re 2 months into Q1, can you give — in terms of operationally, would we expect to see anything significantly different anything in Q1 versus Q4. I mean when I’m looking at cash flow this quarter, obviously, the settlement of the interest rate derivative was the primary driver of cash flow. Anything that should be significantly different Q4 to Q1, excluding the settlement?
Daniel Borgen: No, Steve, nothing near — no extreme weather or anything like that. We would have reported any kind of anomalies like that. But I guess I would just say, we’re still in pretty heavy negotiations at Hardisty and Stroud, but operationally, it’s been pretty smooth.
Stephen Ferazani: Was there any thought — I know the sponsor wave that right to the distribution, has there been any thought to suspending the distribution now?
Daniel Borgen: This is something we look at every quarter, and we’ve done a pretty significant amount of analysis around that, and we do every quarter with the Board taking into a lot of different things when we make those decisions, always looking at the commercial activity, the market, the macro, the heavy crude oil macro and where we are through contracting. So I would say we’re always evaluating that through the same lens and with a lot of variables, I guess, is my best answer for that because that decision is really subject to the Board.
Operator: It appears that we have no further questions at this time. I will now turn the program back over to Dan Borgen for closing remarks.
Daniel Borgen: Thank you. Obviously we appreciate the support and dialing in this morning. I mean we’re — as you’ve heard us discuss, we’re focused on the renewal. We’ve been here before. We’re focused on the growth of the DRU, which takes the underlying assets long term, the underlying rail assets as well and put some investment-grade hands takes the cyclical nature a bit out of the business, which has been our purpose since we started the DRU and one of the benefits of the DRU. And still our intent, as I said earlier, to convert all of our dilbit capacity, the blended capacity to 70-30 capacity to DRUbit. We’re moving further along that. We look forward, as I said, to a detailed announcement around that like this help on the issues that we’ve been talking about. So with that, I’ll say thanks again. We appreciate the support. We’re working hard to grow this business for us all and we look forward to future announcements. Thank you.
Operator: That concludes today’s teleconference. Thank you for your participation. You may now disconnect.
