Thank you, Mr. Speaker. Mr. Speaker, this government's position all along has been to support a stand-alone Mackenzie Valley pipeline, taking Delta gas to markets into the existing pipeline systems in Alberta. That has always been our position. With the Delta Producers and the Mackenzie Valley Pipeline Corporation's proposal of moving ahead and developing a proposal, it is right in line with what we have been supporting all along.

The over-the-top, taking Alaska gas, is somewhat out of our hands. I understand there is a process in the United States in trying to come to grips on how they are going to deal with that issue. The feasibility of taking Alaska gas, which we were told is very expensive, and that some of the key components, three of them in the Alaskan north, in Prudhoe Bay, one of them is BP, British Petroleum, as well as Exxon Mobil. They have pulled out of any immediate move to build a new pipeline at this point in time. The third member there is Phillips. This is the information we received.

From the three big producers in northern Alaska, two of them had more or less stepped back from any initiative at this point. Then there is the whole debate of energy that is going on in the U.S. For us, being Canadians, we are trying to keep an eye on it. The indication there is that they still have a long way to go, but what we have now formulated, which is more realistic for us, is this Delta Producers Gas initiating a pipeline down the valley. Thank you.