Guys, you've the wrong end of the stick. The UK situation is not a 'shortage' except as far as the end user in their car sees. The issue is a unique distribution problem. Refineries are fine, and in fact will have an excess of fuel waiting to go out for want of fuel tanker drivers to take it. But, as slift says, it does at least offer a wake up call that the green madness of late is just not representative of real world economies.
You simply aren't thinking about all the moving parts together. Hedging, management competence, geography, future projects, decommissioning costs, goodwill, I could go on and on. You can't take a few simplistic measures and state that to be all that matters. For starters don't you think someone else smarter than you might have spotted this too if it were a legitimate metric and the share prices would react accordingly.
I know you enjoy your little raiding parties here though so you carry on with your fun.
Keep faith, 90p coming. All oil stocks shunned but the big 'surprise' story this time next year will be the return of oil stocks being in fashion. We need it, the price is good and getting better and tullow is ideally placed.