Yes, that's correct. That segment of the hydrocarbon market is growing the fastest. Maybe you could say that you can displace oil with electricity, but you can't really displace petrochemicals with another material. They are cheap and abundant.
Again, heavy oil is well suited for some petrochemicals. Obviously, Asia has a very large manufacturing base, and some of Southeast Asia is trying to do more of that, so you see demand for that growing, even as gasoline demand in particular may be plateauing in some countries.
I thought I was out of time with Monsieur Simard, so I just wanted to add one other thing. The world produces and uses about 105 million barrels, and we're competing for those 105 million barrels. What we don't appreciate is that some countries won't be able to produce the same level as they are today. In 10 years, they will run down their reserves. United States shale is already peaking. In Norway and Mexico, you've already seen that. Even if you don't expect any growth in oil demand, there is still going to be a larger portion that Canada can take over from other countries.
