The price differential we can capture certainly impacts not only the ultimate royalty regime, because it's a reflection of how much you can ship, but tax revenues. We conclude that the differential represents several hundred billion dollars over a 20- to 30-year period that's available to government.
It is being able to reach what amounts to a tidewater access pricing point. It's important to differentiate between where our products actually go versus where they're priced. Right now, some of the knock on the Keystone pipeline, which is coming from various sectors in the U.S., suggests that all we're trying to do is export to foreign markets. That's silly. Where we have an advantage is in getting into the U.S. gulf coast, where our products can be processed and then transformed into gasoline and other distillates, and reaching out to a U.S. market. When we can do that, we get a higher world price, and that translates directly back into tax revenues and royalties that are significant, literally, for every province in Canada.