Madam Speaker, I appreciate the Orwellian logic from the Liberals when they say we have to fight climate change by building pipelines and expanding oil production. However, I want to drill down on the economics, because that was what the member was really talking about.
Last month it was reported in the National Observer that the Louisiana offshore oil port was completed and the very first very large crude carrier, carrying two million tonnes of crude oil, was bound for China. The only vessel that can make it into Vancouver Harbour is an Aframax, which can only carry a maximum of 550,000 barrels of oil. Given the new dynamics that are happening and the fact that 99% of Kinder Morgan's crude exports go to the United States, I was wondering if the member could comment on where these markets are in Asia if the Americans have already beaten us to it.
Furthermore, why are we investing money in a diluted bitumen exporting pipeline when all of the economics make sense for us be to investing in value added? We are shipping jobs. We see it in British Columbia with the export of raw logs. We export the raw product and we inherit all of the finished goods.
The same is happening with this same kind of mentality, and shame on the Liberals for following this same disastrous economic course. I would like to hear the member's comments on that.