Okay. I'll say something very quickly and then I'll turn over the floor to Peter.
On ownership structure and equity, obviously the U.S. capital markets are vast and many of our companies are listed on American stock exchanges. In terms of the equity ownership, it's to be expected that they would be owned by Americans to some degree. However, to go back to the point of royalties, I will stress that those are always going to be charged, because this Alberta citizens' constitutional resource is going to be monetized on the behalf of Albertans. That's where the royalties come in.
Also, with ample west coast export capacity, particularly right now when there are insanely high prices in Asia for crude oil, even if you take the assumption that American ownership affects their decision-making at all—which I would dispute heavily—companies are going to follow the highest prices. Those, right now, would be in Asia, so I do think that they would be maximizing exports out of those pipeline capacities.