There's a difference between being able to make long distance phone calls cheaper on the Internet and walking around Riyadh with a PDA where you can have all of Google in your pocket. It's a difference in degree that's so enormous it becomes a difference in kind.

I think that competition will exist even if we discover more oil. We're never going to know how much we have, or how long will it last. You are always going to want to have diversity of supply. I think the Middle East will remain a region of competition, of global competition, fighting for a long time.

No two countries that both had McDonald's had fought a war against each other since each got its McDonald's

You always have to remember that Mother Nature is a lot like your body. If your temperature goes from 98.6 to 100.6, you don't feel so good. If it goes from 100.6 to 102.6, well, you call the doctor. If it goes from 102.6 to 104.6, you're in the emergency room at a hospital. The same with Mother Nature - small changes in global average temperatures have a huge climate effect.

Our president's latest energy initiative was to go to Saudi Arabia and beg King Abdullah to give us a little relief on gasoline prices. I guess there was some justice in that. When you, the president, after 9/11, tell the country to go shopping instead of buckling down to break our addiction to oil, it ends with you, the president, shopping the world for discount gasoline.

To me the smart thing that governments in the Middle East would be doing right now is taking their oil and gas fountain - and the smartest ones are to some degree - and making sure they're investing in their people to unlock their potential - men and women.

The unemployment rate today for people with our-year college degrees is 4.1%, which is almost none. That's people switching jobs basically. That tells you that education is the only way up and the only way out. If that is the fact, then we've got to get more of it for more people.