First, BHP Billiton released a presentation, J. Michael Yeager, the Chief Executive of the Petroleum division presented an overview and update. Follow the link of the Energy & Power Conference. The map part on slide 4 is the validation again of the geographical diversity of the company. The petroleum division has been one of the great parts of owning this company. But the recent shale acquisitions are a place where a lot of the growth is going to come from. For the time being however, no matter which way you look at it, the price paid by BHP Billiton was too much. Flip through the slide show, let me know whether or not you feel better about their business.