Again, I am not from Alberta, but am very supportive of it. On page 10, you say, “we project [West Texas Intermediate] oil prices to fall from current levels of US $64 per barrel to around US $56 per barrel by the end of 2022.” At another point you say, “The spread between WTI and Western Canada Select...has widened from US $12 in October to US $20 in April, as supply outstripped existing pipeline capacity.”
This says to me that there's a current gap that can be closed with pipeline projects, whether they be the Trans Mountain pipeline or the Keystone XL, but this problem will only get aggravated as we go further.
Is that the case? Is that the point that's being raised here?