“And my expectation is, as we've demonstrated over the last several years, we'll probably do better than what we're estimating”

In context

“capacity versus utilization. All I would say is that that's a challenging, to project that far in the future. There's a lot of variables that go into the developments across all of our upstream portfolios. We're going to move from where we're at today of roughly 10 reservoirs to roughly 40 by 2030, a lot of optimization that goes around that, managing those reservoirs, a lot of unknowns. Obviously, there's a depletion curve that continues to bring volumes down, but at the same time our teams are working hard on infills and keeping the utilization up. So we've given our best guess or estimate as to where we'll be, but I would tell you that Neil, myself, all of us, frankly, including the team who's managing it, are challenging themselves to make sure that we're fully utilizing those assets. And my expectation is, as we've demonstrated over the last several years, we'll probably do better than what we're estimating, but I think I want to make sure that we're not over-promising and under-delivering and so we've got, I think, a really sound forecast for where those units will be producing. And, again, we're challenging the team and they're challenging themselves to deliver more than that. And if I was a betting person, which I am, I would bet they'll do it. Operator: The next question is from John Royall of JPMorgan. John Royall: I was hoping for an update on your expectations around North American tariffs, assuming those are implemented and assuming they're in place for a material amount of time. You have upstream and downstream assets in Canada, but also downstream assets in the U.S. that could be impacted. So how should we think about what that could mean for ExxonMobil overall? Darren Woods: Good”