That would be fine. Thank you.
I will skip forward and go right to the end on the gas system.
The health of the gas transmission system in Alberta will also have implications on the petrochemical business, especially as it relates to ethane.
On facts about the Canadian petrochemical business, in 2012, ethane recovered 214,000 barrels per day. CERI is forecasting that, based on the decline in the export volumes of gas, the supply of ethane will decline to 144,000 barrels per day with only slight recovery by the 2030 timeframe. This will be augmented by the Vantage pipeline bringing ethane in from North Dakota. However, the volumes will still fall short of the ethane capacity.
On the Canadian oil and gas industry as far as capital investments is concerned, in 2012, exploration and development accounted for $39.7 billion, operation expenditures were $18 billion, royalties were $8.5 billion. On the oil sands side, capital investments were $27.2 billion, operating costs were $20.1 billion, and oil sands royalties were at $3.7 billion.
The oil and gas industry faces stiff challenges relating to market access, with the biggest risk being the lack of pipeline access to North American and global markets. The fallout from not solving this issue is a continuing of the WCS/WTI differential volatility, leading to the dampening of growth of the oil sands developments post-2019.
Thank you very much.