Thank you.
We will now proceed with the orders of the day and with our witnesses.
Appearing from the National Energy Board are Jim Donihee, Bill Wall, and Barry Lynch. Welcome, gentlemen. And from the Canadian Energy Research Institute in Calgary, we have Norman Masri and George Eynon. Thank you very much, gentlemen, for coming.
We will first proceed with a statement from the National Energy Board, if that's agreeable, then I think perhaps follow up.... Do you have a brief statement as well? Then we'll ask questions of all of you at the same time, if that works for you.
I should say that this session is more of an information session. I don't expect you should feel you're being tested here. I welcome your appearance and thank you for presenting what we hope will be useful information for the committee, and the committee members will take it in that vein. If they have any questions for clarity, they will raise them after your presentation.
At this time I'd ask you to proceed for whatever time is required for your presentation. Thank you.