Thank you, Mr. Speaker. Thanks to the Minister. The experience has no correlation with doing it right; of course, we know that.

The National Energy Board recently announced that it would require worst case financial security deposits on all oil and gas exploration. Some junior exploration companies were complaining that they could not afford to explore on the same scale as big companies if they had to pay clean-up costs in advance and I heard the Minister complain about

this progressive attempt towards responsible management, presumably from lobbying by these companies. Is this shift away from the NEB a signal that our NWT oil and gas regulator does not agree with the NEB’s responsible approach proposed? Mahsi.