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  "documentTitle": "NuStar Energy | Investor Conference Presentation Deck | 36 slides",
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  "authorName": "NuStar Energy",
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  "presentationDate": "2023-06-01 00:00:00",
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      "text": "Last year, we kicked off an initiative to optimize our spending across our business to:\nScrutinize every dollar of OPEX and G&A expenses, with the goal of making meaningful strides in our cost structure to maximize internally generated cash flows\nHigh-grade every dollar of our strategic spending to ensure that we only execute projects that meet or beat our internal hurdles and are lean, efficient and effective\nWe successfully identified ~$100 million in cost and spending reductions, across 2022 and 2023",
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      "text": "We are continuing to optimize our spending to increase our free cash flow in 2023",
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      "text": "2022 Optimization\nInitiative Results:",
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      "text": "Aggregate 2022 and 2023\ncost and spending\nreductions",
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      "text": "We Have Also Been Optimizing Our Business to Maximize Our Internally Generated Cash Flows",
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