Yesterday, on February 1, 2006, I finally got to see Dave O'Reilly - Chevron's CEO - in person at the annual teleconference held in San Ramon. He was speaking to more than 60,000 employees around the globe - via satellite, Internet, etc. - about our performance in 2005. Basically he said that Chevron had a very good year but we could do better. Blah blah. Good stuff. The highlight, however, of the conference was when he announced that every employee at Chevron will receive a gift: a watch! Whoo hoo!