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One, strengthen our balance sheet to improve our ability to navigate these market conditions. This includes internal cost-cutting initiatives and reduced hiring. Focus also includes focusing our capital spend on projects that are in flight and those critical to safe reliable operations.
Oct 29, 2024 / CEO / receipt, needs a key / Dave Lamp, CEO | earnings call 2024-10-29 | transcript e86fb0fc-564a-4e93-bd4b-7ff70e46f07d | chars 14978-15265 | segment 15
Gasoline inventories in the U.S. are currently 4% below five-year averages, and diesel inventories are 20% below five-year averages. Meanwhile, demand for gasoline and diesel is back to pre-COVID levels, and demand for jet is within 15% of pre-COVID levels. Vehicle miles traveled in December of 2021 even surpassed levels during the same month in 2019.
Feb 22, 2022 / CEO / receipt, needs a key / Dave Lamp, CEO | earnings call 2022-02-22 | transcript c77b02ae-958e-4115-8158-6557e1e27738 | chars 16767-17120 | segment 16
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