[mnehring]

Upstream earnings are exploration and production earnings as well as wholesale post production earnings. Downstream earnings are direct to consumer earnings.

I'm about to post the 'downstream earnings' detail.

[Pessimist]

So then the increase in upstream earnings offshore compared to a decrease of US upstream earnings just means that they increased offshore oil production and reduced US oil production.

Right?

I'm thinking the downstream earnings are probably more on point vis-a-vis the "gouging" crowd.