Thank you, Mr. Chair.
Thank you, witnesses, for appearing before us.
I wonder if you could take us through a little bit of a description as to what is happening in the oil industry. I speak specifically. When I look at the number of refineries that have closed in the past, I think since 1954 there were quite a number of these refineries throughout Canada. I would assume that would be the case in the United States too. There seems to have been an enormous number that have been closed. I wonder if you could maybe just explain to the committee why that is and how that's happened.
Maybe you could tell the committee as well how the oil industry has changed. I understand we have a common grid with the United States.
Finally, if you could, talk to us about capacity, the capacity for refinement here in Canada and what the consumption is. Are we getting our share of the market?
Maybe you could just elaborate on those few things first.