We are absolutely price takers; that is, we operate in a global pricing environment.
I take issue with just one thing Mr. MacLean has said about the physical markets--the question of speculation and how much speculation impacts the actual price we're paying at the pump. The physical markets are, without question, actual trades of crude oil or gasoline in large volume. However, most of them are priced off the NYMEX. So if I go out as a trader to buy a cargo of gasoline, I'm usually buying it as a number related to the NYMEX. The price discovery mechanism--say, Platts or Reuters--uses the NYMEX as a guideline for prices. So there is that component. Then it goes back to the question of how much the speculative component is affecting price in these things.
In Canada, we don't have jurisdiction over that because the trading happens in New York. The Commodity Futures Trading Commission in the United States oversees the futures markets. So it is not a provincial jurisdiction. We can only bring pressure to the United States' regulators to move this forward to understand fully what's going on in the speculative component.