I'm sorry. I didn't catch the drift the first time around, but I do come back to the same question. If we're thinking about the competitiveness impacts of climate policy on our Canadian oil and gas exports and we're looking at, for example, our oil exports, we have captive markets. We have, moreover, a great deal of rent accruing to.... There's a fair bit of profit accruing to Canadian producers. We are low-cost producers, and even at $65 U.S. a barrel, we're making a good deal on profit.
Our assessment was that the future costs of climate action in Canada weren't a particularly great concern for the oil sector in particular because of those captive markets. Gas is a little different.
