Tim Hearn
Tim Hearn
continue energy focus growing invest major meet needed operations projects reliable
We continue to focus on reliable operations and to invest in major projects that will be needed to meet growing energy needs.
current economic project sure
Today, under current conditions, we don't have an economic project and we're working to make sure we can find one,
recognize sensitive
We're sensitive to consumers, we recognize there's more out of people's pocketbooks,
agree best interests net
We all agree that if we can get this thing constructed, that it's in the net best interests of all concerned,
agree best federal interest net northwest producers solution trying works
We're trying to find a solution that works for the federal government, the (government of Northwest Territories), the peoples of the North, the producers and consumers. We all agree that if we can get this thing constructed, that this is in the net best interest of all concerned,
forward path trying
We're just trying to find that path forward and we'd like to go to hearings, but we're not there yet.
anybody higher lower sensitive
We're as sensitive as anybody else to higher prices. I would like to see them lower I've said that.
hopefully pressure pricing short stream
We're still short because, we've got a lot of refineries out so there's still some upward pressure there, but I think as things get back on stream hopefully we can get back to a better equilibrated pricing environment.
assured good included people possibly price pull pumps
That doesn't make people feel good when they pull up to the pumps - myself included - but I think they can be assured that they're getting as competitive a price as they can possibly get.
allowing billion environment form operations price record resulted returned share solid strong
In 2005, solid operations coupled with a strong price environment resulted in record earnings, allowing more than $2.1 billion to be returned to shareholders in the form of share repurchases and dividends.