We've gone from thinking the fuels that powered our growth were inexpensive, inexhaustible and benign to understanding they are exhaustible, expensive and toxic. Once you frame the problem that way, people will look at solutions differently.

The Arab awakening has been, up to now, a lot about freedom from dictatorial regimes - Syria, Yemen, Libya, Tunisia, Bahrain and Egypt. But once you got freedom from, then you need freedom to. Freedom from is about destroying things. Freedom to is about constructing things, constructing the rule of law.

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.

What is the most entrepreneurial country in the Middle East today? It's Lebanon. Which country has no oil or gas? Lebanon. The same was true of Israel, the same was of Bahrain. You could see a real gradation. Turkey, for instance: no oil and gas, very entrepreneurial. You can either dig your future out of the ground or you can unlock the potential of your people.

When you lose your job, the unemployment rate isn't four percent, it's 100 percent.

There is a connection between energy, climate, food and political stability. That has played out in the Arab awakening and is not done playing out.

I could see America playing a slightly smaller role in the Middle East but I would not see us abandoning the region and just say "Oh," like I said, "China, Russia, it's yours now. Global focus is just on our hemisphere." I don't see that happening.