ConocoPhillips
2006 Sustainable Growth Report2006 Sustainable Growth Report
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Conversation on Energy

Conversation on Energy meeting
Panel at the Fort Wayne, Indiana, Conversation on Energy meeting. From left to right, Carin S. Knickel, vice president, human resources, ConocoPhillips; Patrick Bennett, vice president of environment, energy and infrastructure, Indiana Manufacturers Association; Christopher F. Moore, Indiana Coalition for Renewable Energy and Economic Development (ICREED); Merl Lindstrom, general manager, research and development, ConocoPhillips; and Brandon Seitz, manager, energy division, Indiana Office of Energy & Defense Development.
In 2006, we launched our Conversation on Energy, a public outreach program to address current energy challenges and provide an opportunity for people to discuss solutions. In an era of high gas prices and record profits, the program was prompted by a realization that the oil industry has done an extremely poor job of communicating with the public. This was corroborated by a research study showing that oil companies had the lowest credibility ranking of 25 major industries.

The basis of the program is a series of neighborhood meetings in cities across the United States, where we engage in a two-way dialogue with the public to better understand their views on energy issues and to share information on what we are doing to address those issues. Although the program is implemented in the United States, the issues discussed are key themes for our business across the globe.

The first Conversation on Energy event took place on November 28, 2006, in Billings, Montana, where an audience of approximately 300 local citizens was invited to ask questions and offer comments and suggestions. Similar-sized town hall meetings and community events have taken place across the United States, bringing together energy experts, business and community leaders and concerned citizens. Thirty-five such meetings were planned for 2007, and the program will continue during 2008 through a combination of meetings in new markets and return visits to previous cities on the tour.

Each meeting is chaired by an independent moderator. ConocoPhillips is represented by a technology manager and a senior-level executive, who serve as panelists along with invited local academicians, environmentalists, and business and community leaders to represent different viewpoints. Introductory remarks are kept brief to allow maximum time for audience questions and discussion. Meeting attendees can submit written questions if they prefer or if time runs out.

Conversation on Energy meeting in Jackson, Mississippi
Conversation on Energy meeting in Jackson, Mississippi. We are involved in discussion on a biofuels project with Mississippi State University.
Debate has tended to focus on alternative energy, the environment, government action and policies, energy conservation and industry operations. Among the most frequently asked questions, and the pages in this report where we address the topic, are: The responses to these and other questions can be seen at the Conversation on Energy Web site (http://www.conocophillips.com/energy), where the public is invited to join the discussion and offer views and feedback on energy issues.

The site includes meeting reports, press coverage, the full tour schedule and a form for individuals to register their interest in attending events or receiving future energy updates. It also features an information guide on energy types – from traditional sources such as oil and gas to alternative energy sources – and on other energy issues, including cost, availability, industry profits and environmental impact.

Continuing the Conversation

We plan to continue our energy dialogue with the public by growing and expanding the current Conversation on Energy program.
  • Energy Prize. To demonstrate a commitment to new ideas and innovative energy solutions, ConocoPhillips and Penn State will be rewarding one American inventor for his or her contribution to alternative or renewable fuel development. Proposals will be accepted beginning fall 2007.
  • Education. Feedback from meetings consistently has shown that the public desires an energy education program for the youth of America – tomorrow’s issues-involved citizens. We are conducting focus groups with teachers in cities we visit on our Conversation on Energy tour to evaluate the most effective means to communicate this material before launching a formal program.
  • Energy Tour. Conversation on Energy events will be held around the United States through 2008. We will be revisiting many of the cities on the 2007 tour and organizing meetings in new markets, including several in very large cities.

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Benchmark Research

energy Industry Communications vs. 2006

Energy Industry Favorability vs. 2006

Source: 2007 research results based on 1002 telephone interviews conducted by Cherry Communications & Research from 08/20/07 to 09/04/07. Source: 2006 research results based on 1000 telephone interviews conducted by Mercury Public Affairs from 08/09/06 to 08/20/06. The margin of error for this survey is +/- 3%.
National opinion research was conducted on behalf of ConocoPhillips to gauge public opinion of the energy industry. Early results showed positive movement compared to the benchmark research undertaken one year earlier. The company embarked on a nationwide community outreach effort in 2006 to engage the American public in a dialogue on energy.

More than two-thirds of respondents stated that communication by energy companies with the American public in 2007 was the same as or better than in 2006.

While favorability ratings of large energy companies did not change significantly from 2006 to 2007, the study showed a marked decrease in the percentage of respondents stating that they had an unfavorable opinion of the industry.

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