I appreciate the question. That could take many hours.
We learned our lesson the hard way with Deepwater Horizon, as we did 23 years ago with the Exxon Valdez , right here in Alaska. We got tanker shipping fixed after that, by and large, but we did not fix offshore drilling and the risks imposed by that. We learned the hard way.
We are hoping that Canada does not have to likewise learn the hard way. Seismic exploration can cause a lot of both acute and chronic long-term injury.
You asked about the economic implications of Deepwater Horizon. They were obviously enormous. It was the largest accidental oil spill in human history. BP, I believe, has already paid out something like $30 billion to $40 billion U.S., and they are faced with another $20 billion or so in natural resource damage claims. So it's going to be—before it's all said and done for BP—a $50 billion or $60 billion bill.
I would certainly encourage Canada to review your financial liability statutes with regard to exploratory drilling. It's important to note that the Deepwater Horizon was engaged in exploratory drilling. It was not a production facility. There's a greater risk in deep water exploration.
I hope that's responsive to your question in the short time we have.