Sam Margolin

“Well, your last point, I think, is a pretty good prompt for some more detail on maybe some reinvestment opportunities in the Gulf Coast. It sounds like you have a lot underway right now.”

“And I guess continuing on the theme of bringing an advantage to wherever you are, you know, on the inorganic side, in the industry, transaction pace is picking up.”

“Maybe just on LPGs and NGLs, we've seen a pretty substantial move in prices over the past month. And with respect to vertical integration, I think it's sort of well understood how you benefit in a low-value LPG environment via blending and some of your downstream capabilities.”

“It's a question on industry fundamentals, if we could start out, and on crude differentials, which have been pretty topical and also outsized recently.”

“Yeah, maybe just a follow-up on Midstream because even though your gas position is kind of spread dependent in that business, obviously you're very well positioned just given the upside potential that segment has in any given quarter, right?”