our company approximately 1.4 mimillion. petrobras another 2 million and the foreign companies 600 million barrels a day. if you come toda saudi arabia is producing around ten million barrels. with six million we would be hovering between positions second and third. >> everyone is talking about the is so much shale in the worltoday. doesn't that mean that oil prices should be a lot lower if there is so much shale? >> in the last 50 years, oil -- energy discoveries have doubled only while the consumption for people who have just entered the consumer life, okay, for technology users of people who were not using an electricity or had a car or vehicle to move around increased by 80 times per capita. and discoveries have only doubles. if you look at micronumbers, the world car fleet is today around 750 million cars. it's going to two billion cars in the next 15 years. yet many of them are going to be electric and hybrid. but most of them not. so there still needs the gasoline. >> one of the ways you have been so successful, of co