I'll say a couple of things.
First, long-term prices are tied, of course, to demand, whether it's in China or in other nations. The approach we take when we look into the future in our energy futures report is to have scenarios, because our expertise is in Canadian energy supply and demand. When it comes to global demand, we look at what other agencies and forecasters are seeing, and suffice it to say, they don't all agree. There's a fair amount of uncertainty.
We take an approach of looking at a range of prices in the future. The low range is not as low as one might expect, because even in the scenario where demand peaks and falls off globally, the expectations are generally that there's not a really sharp decline in demand. Further, in global oil production, the cheap barrels have been produced, so when you factor in the cost of producing around the globe and the expectation that even if demand falls, it's a moderate decline, the prices are fairly strong long-term.