Thank you, Mr. Chair, and thanks to our witnesses for being here today.
Listening to Mr. McGowan reminds me of that Supertramp album from the 1970s Crisis? What Crisis?, but that's another story for another day.
My first question is for Peter Boag from the Canadian Fuels Association.
Has a drop in oil prices, like the one that we're experiencing now, been experienced before, and if so, when?