As Peter said, there's a world market for crude oil, there's a regional market for refining, and then there's a local market for retail. Each has its own dynamics. I think you're talking about the regional market for refining, which is either North American or, I would suggest, Atlantic basin. If the wholesale price in the gulf coast goes up, guess what? The wholesale price in Toronto is going to go up.
On August 27th, 2008. See this statement in context.