Jean Salisbury

whether initiatives to lower costs have given you more conviction that it is core in your portfolio

Have you gotten any early results back from the DJ or Bakken? And anticipate that it's going to work as well there

Are you happy with that mix? Or is that something that you might seek ideally to even out over time with more downstream or CHEM's exposure?

Can you just recap how things stand in Venezuela for you today? Are the production levels and contract structures basically as they were prior

A lot has been going on in the California refining market. With the recently announced competitor closures of refineries, how are you thinking about your position there?

The ramp is basically tracking to your expectations or even exceeding them and when you might have any more to share about potential debottlenecking

the timeline if a cracker does decide to convert to ethane or take more ethane to the ethane being delivered

Has there been any interest in the last couple of months in more international conversions to ethane

do most of the Midland to ECHO crude pipeline contracts roll off in 2028 to 2029

can you give your thoughts of how much more negotiating power a large EMP would have over midstream contracts versus two small E and Ps

there are lots of Permian gas pipelines coming on next year in the basin. Do you think that that's going to drive producers to produce more gas at the margin

If oil growth does slow down or even is flat next year, do you see the rate of gas-to-oil ratio growth changing

can you tell us what you're seeing real time today is all U.S. LPG currently being rerouted away from China

Can you talk about how you see the size of the eventual prize for being able to handle sour gas in the Permian

can you just kind of talk about how you expect your flex NGL exports to ramp as they come online? Roughly how much in ethane versus propane service to start?

if there's pull for more than the 30% of that gas on Trident in 2027, can you deliver that?

I was wondering if that's basically all demand pull for utility demand in that area

Is there any read across to a faster permitting process across the board? Or was that project specific

Is that something that KMI is actively looking at or would have interest in

if you believe that those projects have kind of already signed up for the gas takeaway that they would need or if that's basically coming as the sanction of the projects

do you see any shift in the type of the future projects to being mostly more like end-user projects, like laterals to power plants or data centers

can you kind of talk about how you're forecasting the cadence of Haynesville volumes coming back

the Waha to Katy spread was wider this year in the first quarter than we anticipated, and we were able to capture that

I was asking about U.K. volumes and what it would take for to increase on your system?

in 2027 when all those pipelines come on and that spread basically disappears, would we expect, like, basically a further material step down in that bucket

do you have a sense of if gas egress could become a limitation there for gas and NGL growth out of the Mid-Con?

Can you just talk about the dynamics of that and how much has to do with ONEOK's market share in those basins versus basin growth overall

if you have a sense of whether producers are high grading to oilier acreage in the current environment

how much of it is just recurring almost midstream revenue that wasn't there before? And how much of it is a more volatile marketing spread

I did just want to ask if there was more ethane rejection in the Mid-Con or Bakken or anything like that than you had sort of anticipated

do you think that the gas strip is high enough that we could see material gas growth in the next year or two in the Mid-Con

Can you just clarify if there's been any additional midstream recontracting or chemical project benefits added

Can you give any more color around how you expect this to change the relative mix of EOR in the portfolio going forward

directionally, I guess, on what environments caused those operating synergies to be higher

Can you talk about PSX's exposure to potentially slowing growth in the Permian?

What other things can PSX do to get fuller credit for the stability of the Midstream earnings in your stock?

if the cost escalation is causing any change to your margin expectations or if you can pass most of that through

can you talk about the pros and cons of using more third-party NGL transport from here?

when those pipelines come on next year, would you expect to see a sustained move for you off your fee floors

Capture in the North Atlantic has outperformed in recent quarters. Is this driven by closure related tightness in Europe

Do you still prefer, as you kind of said on previous calls, to move product waterborne

Do you see this materially impacting feedstock costs or just naphtha or lightens pricing

Can you talk about what you expect for the onetime overall cash impact that you expect from closing Venetia

Is the Marcellus gathering expansion at all driven by integration and pull-through into one of your pipeline projects

I wanted to ask again about the 8% already baked in growth in the book.

Do you envision that Williams will kind of source all of the 3.1 from your own GMP

what share of the EBITDA that you're projecting for the project is contracted take-or-pay

Can SSE expanded further? It seems like demand in the Southeast only continues to increase

can you just update us on if you are pursuing Constitution

does it rely on Mountain Valley Pipeline expansion going forward in order to proceed

can you give any more color about what drives the 3 versus 5-year timing to get those back online

From your standpoint, is this interest real

is there any other granularity you can share on where you think you are able to improve recovery the most

Do you view this as a structural shift in the market

is that province still performing to that expectation, even exceeding the expectation

your LNG contracting strategy from here