Thank you for your question.
As far as ensuring Canadian supply is concerned, we don't need to worry about shortages when we fill up. We're not going to run out of gas. What we are likely to see, however, is higher prices, and that's what we've seen over the past few months.
Even though Quebec doesn't get any oil from Iran or the area around the Strait of Hormuz, we've basically seen the price of oil skyrocket. The reason is simple. It's a global marketplace. Whether the oil is sold to Quebec, Asia or Europe, the resource is the same and so is the price. As I said in my remarks, the best way to secure both a reliable and affordable supply—a key component of energy security—is to help stabilize global demand.
Right now, a lot of our infrastructure moves resources westward. With that infrastructure, we can help stabilize markets in Asia somewhat. Unfortunately, we have little in the way of infrastructure that can move product eastward, so we can't help stabilize markets in Europe.
