Bob Brackett
Bernstein Institutional Services LLC, Research Division

Good morning again. Welcome again to Bernstein's 42nd Annual Strategic Decisions Conference. My name is Bob Brackett. I am Co-Head of Energy and Transition here at Bernstein, along with Global Metals and Mining. We are not expecting a fire drill. So if the alarm rings, please take it seriously. Your primary path of exit is out the door to the right, down to the escalator area where you came up this morning, down those out to the street to wait further instructions.

If for whatever reason, that path is blocked, you'll choose one of the internal stairways just outside of the room, go down 1 floor and follow the lighted path. This is ultimately a fireside chat up on the stage, but it is your fireside chat. We have scattered around the room, the QR codes on blue sheets of paper, use that to enter your questions into the Q&A and ultimately drive this conversation.

While we wait for your questions to come in, what we'll do is we'll start our conversation very much shaped like a pyramid. We'll talk about macro because along with faces I recognize in the room, I'm sure there's some generalists that want to know the latest of what's happening in this world. We'll move on and say, how does that macro inform strategy.

And ultimately, we'll drop into the portfolio and down into operations. With that, I'd like to welcome Mike Wirth, Chairman and CEO of Chevron. He'll spend a couple of minutes here at the stage with a few slides and then adjourn