“And so we've challenged ourselves to deliver on our expense budget for the year and to offset inflation. The organization is doing a pretty good job at that. I think we'll be within rounding with respect to that.”

In context

“purchasing power that we have and then cut our costs out. So all those efforts to become more efficient and more effective in the marketplace and reduce costs are having a significant impact. We mentioned in the earnings release that to date, we have $6.4 billion of structural savings versus 2019 and we're well on our way to meeting the objective we set by end 2023 of $9 billion in structural savings. So that's helping to offset some of those inflationary pressures. And then on top of that, with the centralized organizations and more effectively leveraging the scale, we're getting what I would call -- what we term as kind of short-term efficiencies, purchasing power, however you want to think about that, that we don't put in the structural bucket, but actually helps us to offset costs. And so we've challenged ourselves to deliver on our expense budget for the year and to offset inflation. The organization is doing a pretty good job at that. I think we'll be within rounding with respect to that. And then next year, the organization is very focused on using the opportunities that have been created through the restructuring of our business to offset those inflationary pressures. And we're going to stretch ourselves to see how much of that we can do. Jennifer Driscoll: Katie, we have time for one more question. Operator: We'll take our last question from Roger Read with Wells Fargo. Roger Read: Yes. Maybe just to follow up on the capacity question that was asked earlier, but rather than just focus on services capacity in a particular region or something like that, Darren, I was curious, if you look at tightness, be it LNG, refining, et cetera, what do you think it takes? Or do you believe that the capacity exists for the world to move forward and do what it needs to do over the next”