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Natural Resources committee  We already do some chemicals. We have chemical feedstock manufacturing at both Montreal and Sarnia—benzene, toluenes, and xylenes that are feedstocks into other chemical facilities. It's a tough business, chemicals. We also invested, a few years back, at Montreal. We've got a ha

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Again, I'll come out and say that we have been in support of a national energy strategy, which we think helps to map out a long-term plan. Plans are plans. Then we have to deal with the realities and adapt to the realities as we move forward. But we are supportive of that, certai

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Again, there's greater uncertainty in the industry in the absence of plan, yes.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Today Montreal is capable of running some western crudes, a limited degree of western crudes, from an oil sands base. They're quite capable of running western Canadian conventional light crudes. That's not a problem at all. It depends on what you put into line 9 coming east. The

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  We don't have the local market.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Well, we wouldn't have infrastructure in place for a million-barrel-a-day refinery, that's for sure.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Well, I wish I could predict the future accurately because I probably wouldn't be sitting here today.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  I think the right answer is that it's tough. I mean, it moves around. We've been through a recession in the last few years, so the numbers move around. We do see very much a flattening of gasoline demand. The thing that is really going to drive it to the next step is the coming

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Of course, recently there has been a decline in economic activity and it has had a hit. We were starting to see some erosion in gasoline this year versus even a year ago, but fuel efficiency standards will really drive this as we go forward.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Yes, there are some good statistics out there—I don't have them with me today—about the expected impact on each of the provinces in this country from investments that will take place in Alberta around the oil sands.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Yes, and of refined products as well.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  You know, again...no, not totally.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  It's economics and balancing at each end of the country how we manage our network.

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Yes, we've actually gone so far in recent years.... It's not very economical most of the time, but we have put western oil on a tanker on the west coast. We've moved it through the Panama Canal and have brought it into Montreal to run, in part to test what Montreal's capability i

February 2nd, 2012Committee meeting

John Quinn

Natural Resources committee  Yes, absolutely.

February 2nd, 2012Committee meeting

John Quinn