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Transport committee  Whatever I say, please take it as a caution if you're going to invest in or are an investor in Encana. However, I will say that the supply side is very high. Globally we now have Germany, Poland, offshore Israel, and Australia all making major natural gas finds, so this is not a

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  One of the graphs I'll show you in the handout shows the cost of the energy it takes for home refuelling and so forth, and the pricing it will give you. It will give you a graph for that.

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  I think the technology was not appropriate. There's new technology; look at Flyer, with its natural gas transit buses. Calgary has made a commitment for 200 natural gas buses. The biggest difference between Canada and the U.S. is the Clean Air Act in the U.S. L.A., for example, g

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  I had said, with regard to education, that we put on summits here in Ottawa to make people aware of natural gas for transportation. We've led by example with our own fleet, particularly with our rig operations and our collaboration with OEMs. We have been working with the OEMs to

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  It's $1,500 to install and currently $4,000 for the appliance itself, so that's $5,500 total.

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  It can be between $8,000 and $12,000, depending on the tank you choose.

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  That's correct.

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  For the Honda Civic in the U.S. it's about a $3,000 difference.

March 6th, 2012Committee meeting

Dr. Sam Shaw

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  I think the economics would probably say between three and five years.

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  What would you consider long term?

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  That's a possibility.

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  I would think so. In fact, the retailers are now starting to do long-term contracts with Encana. We did a long-term deal with Northwest utilities in Oregon to make sure we closed in on a pricing that they could pass along to their customers. You're starting to see that througho

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  Let me just add one component to what my colleague has said: the transmission price. The tolls of the TransCanada are an issue. Clearly, to take natural gas from western Canada to eastern Canada costs a lot in terms of the tolls that are in existence. This is an issue that is b

March 6th, 2012Committee meeting

Dr. Sam Shaw

Transport committee  Market index contracting does, yes.

March 6th, 2012Committee meeting

Dr. Sam Shaw