We certainly try, but there is so much emotion. It is very hard to cut through all that.
Our upstream business -- exploration and production -- continues to be the major contributor to overall profits, ... However, the improvement in earnings from the year-ago quarter was largely driven by our U.S. downstream operations -- refining, marketing and transportation.
We are very pleased to have forged this relationship with Reliance, one of India's leading companies, which has excelled in the execution of world-class projects.
The economics are turning out substantially better than forecast.
From a U.S. energy policy perspective, the focus has been on environmental and fuels investments, not on investments that add to production capacity.
At the core of our corporate responsibility performance are the company's ongoing business investments to develop reliable energy supplies in a safe, environmentally responsible way. We leverage those investments in a manner intended to create social and economic value in the communities and countries where we operate.
Everyone wants to point fingers, I'm afraid.
Despite several employee evacuations from the Gulf of Mexico last year due to the storms, as well as the massive effort that followed to restore operations, our company turned in its safest work year ever in 2005.
As we have seen for more than a year, ... our upstream business -- exploration and production -- has been the major contributor to our higher profits.
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