In the hyperconnected world, there is only “good” “better” and “best.

America was the funder of petro-dictatorships. We treated all these countries as basically big, large gas stations: Libya station, Iraq station, Iran station, Egypt station, Syria station, and all we asked of them were three things: Keep your palms open, your prices low and don't bother Israel too much, and you can do whatever you want to your own people.

We need to become energy independent or at least aspire to that.

Rock stars get room keys, I get business cards.

What we do know is that the planet is going from 7 billion people today to 9 billion. More people want to live like us, drive American- size cars, live in an American-size home, and eat American-size Big Macs. What does that mean? It means that energy demand is going to be going up.

In Globalization 1.0, which began around 1492, the world went from size large to size medium. In Globalization 2.0, the era that introduced us to multinational companies, it went from size medium to size small. And then around 2000 came Globalization 3.0, in which the world went from being small to tiny.

Even if America tomorrow - and it won't happen overnight - but if we did reduce our demand for gas and natural gas and crude oil by a significant degree, that does have an exponential effect on producers in the Middle East, everything else being equal. But if China's demand is growing and India's demand is growing, they are not going back.