For a democracy.... Saudi Arabia has good reserves. Iran does, and so does Venezuela. We are the only democracy with those exquisite resources of well over 100.
There is a sense that we are moving away from fossil fuels. It hasn't happened yet. I hope we do move away from it, but you have to appreciate.... We are at about 105 million barrels a day today, but even when we get to 80, 70 or 60, we don't want all of that being provided by OPEC. We would want some democracies providing some proportion of that oil as well.
It will be Canada. The United States is obviously peaking at shale. Norway will probably have peak oil and gas production this year. The only big democracy provider that is going to be left standing will be Canada, because we have those enormous oil sands reserves and we also have tremendous natural gas reserves.
We won't run out here at home, but it's going to be very important for our allies that we're able to provide them with that secure supply.