Natural Resources committee  In dollars and cents, I can't tell you that, but what I can suggest is what I indicated in my testimony. The number of wells that we're going to drill on an annualized basis is just going to go down, down, down. That has a direct effect on employment, on steel in casing and stuff

Natural Resources committee  If you cannot get access to an LNG market or the U.S. market doesn't recover where it needs Canadian gas, as I indicated, I think it's a unique opportunity for Canada to start looking at changing out the long-haul trucking fleet into CNG fuels and LNG fuels, and the municipal tru

Natural Resources committee  Sorry, I don't understand that.

Natural Resources committee  That's a very good point. As a matter of fact, that's what's actually going on in Ontario, and potentially Quebec tomorrow. We're bringing Marcellus gas across through Niagara into that market. Our forecast suggests that within the next three to four years, western Canada gas is

Natural Resources committee  The answer I can give you is the differential itself. If you go back a year ago, when we were talking about a differential of $20 plus, refining to product level doesn't make a lot of sense from simple economics. When that opens up to $40, it starts to make a lot of sense. Acces

Natural Resources committee  Again, I don't understand the question. Other products?

Natural Resources committee  It's contained in the report. It is a volume or a daily production level. We are currently sitting at—if you add conventional in—about 2.8 million barrels per day. With all the projects that have been announced and all the conventional drilling that is deemed to go forward, we wi

Natural Resources committee  In a dollar sense? I could multiply it out and send it to you, but I don't have it.

Natural Resources committee  In a GDP sense, it would be well into the trillions of dollars.

Natural Resources committee  Asia is going to be an interesting situation. From the information I have, they would like to get the crude because they want to refine it and get the jobs. If you're looking at Europe as an example, Europe's refining is geared towards the diesel side of the spectrum because tha

Natural Resources committee  The simple answer is no, we haven't analyzed that at all, but currently our focus is more on what the implication is to Canada if the U.S. becomes self-sufficient in oil. In other words, how much of our oil sands and our conventional oil would get backed out of that market? With

Natural Resources committee  Yes, the pipeline to Irving.

Natural Resources committee  First of all, let me just clarify this 60%. That's 60% of established or announced projects in the oil sands plus conventional resources—stuff like that. The actual oil sands resource is ten times that size. The question I think you're asking is, if we can't build pipes and can'

Natural Resources committee  No, no. What I'm getting at is converting diesel trucks over to LNG fuels, railways over to LNG or CNG, and small-use trucks—stuff like that. In essence, if we don't have access to markets, that energy will stay here in Canada, and rather than having several hundred years of ene

Natural Resources committee  Yes, I can.