I think in general the industry is putting a sharper pencil to cost cutting, i think they are realizing the days of $100 a barrel (oil) are over. Brian Youngberg More Quotes by Brian Youngberg More Quotes From Brian Youngberg It was a good quarter to end the year. I think the focus now will be on improving the cash flow. Brian Youngberg business International market conditions appear to be challenging for most everyone it seems like in the refining sector, demand growth is in Asia and a lot of refining capacity is in Europe and the United States. Brian Youngberg business While the fourth quarter was a disaster for both, Chevron got back on track. Exxon's still trying to get back on the road. Brian Youngberg business I think (the deal) shows that Exxon views LNG as a very strong growth business. I believe that LNG demand over time will grow faster than oil. Brian Youngberg mergers-acquisitions It was a strong quarter (for Exxon), their diversified model tends to hold up better in a weaker oil market and that is seen in this quarter. Brian Youngberg company-news It was a strong quarter, their diversified model tends to hold up better in a weaker oil market and that is seen in this quarter. Brian Youngberg business
