We've gotten to a level where the price is beginning to impinge on economic growth. People are starting to worry about a slowdown.

Canadians voted for hope over fear and accountability over corruption. Tonight is the beginning of a moment of reckoning for the Liberal Party.

On top of that, they're making the coupons available at the beginning of 2008, a year before the transition even occurs, and they're only making them available for three months.

Some people are looking at breakevens that are lower than feeder contract prices. The summer contracts are beginning to soften, but there have been opportunities to hedge them for a reasonable margin.

The worry is if we have a normally cold winter and reasonably steady economic growth, you could exit the winter with fairly low levels of product inventory.

If our record is not indicative of years past at the beginning, I'm not going to worry so much because I've thrown us in the fire and said 'here we go'.