I'll just mention the investment side of it. There is real concern that what we're using today is not being replaced or replenished by approvable, available reserves. Yes, you have Guyana and Brazil. We can discount the geopolitical strains of what would happen if there's suddenly a regime change in Iran to complement what's happened in Venezuela.
However, I think the International Energy Agency—which is not a big friend of oil in its comments over the past several years—has had to finally throw in the towel and admit that the world is going to need more oil. The question is whether it will come from Canada or from some unsavoury country.
