While Exxon shares initially fell by 4.5 percent on Dec. 1, 1998, in reaction to the merger, Exxon shares subsequently advanced 23 percent through Oct. 16, 2000, outpacing a 17-percent average advance for the major...

We think things are heading back into a normal range.

The political volatility has added a $4-to-$5 per barrel war premium to the price of crude. That will stay in the price as long as we have hostilities in the Middle East. If we settle...

I think this is a positive development for both the companies and the industry. The companies are now moving together, looking at a difficult environment for refining and marketing and coming up with proactive ways...

Chavez is a very strong proponent of OPEC and OPEC policies, so we will have a very united OPEC with Chavez in power.