syria's access to the gcc has to go through jordan. and our access to turkey and beyond has to go through syria so in essence we are all complementary building blocks helping each other create this network. it's important to point out that jordan has been very visionary and probably one of the leaders in the region in integrating infrastructure within the arab world. we have right now been the first to lead connecting the electricity grids in the region. egypt is connected with jordan and we're connected with syria and lebanon and beyond that to turkey. in gas, egypt is also providing gas to jordan and the gas pipeline goes through jordan and to supply gas to syria and lebanon and beyond that also to turkey. so you can clearly start to see how jordan 's positioning as a hub point in infrastructure ...where we're connecting neighbouring countries through this hub which i think is going to be very critical to create an integration economically within the region...interdependence. and i think it will add to the factor to increase stabilit

but the role of opec is still run basically by the gcc and by of all the confidence in the gcc and saudi arabia to make sure that we remain moderate, reasonable for as long as we can, reasonable why? $60 today is the marginal cost of developing and finding and producing new we'll this from deepwater. so the current price is slightly above the marginal cost of finding and producing an additional barrel and is very closely observed by our friends at the gcc. stomachs of the obama administration has nothing to worry about. speed, this question is for you. can you talk about the impact of the bp oil spill on the american petroleum industry and any of legislation that congress either has passed or intends to pass during this lame-duck session regarding the fee address of this particular problem? >> it's had an enormous impact on the oil industry. first and foremost it came as a big shock to all of the people who work in this industry that it ever could have even happened to read and our decades in the gulf of mexico we have struggled over 40,000 successfully, over 2,000 in the deep water. so

syria's access to the gcc has to go through jordan. and our access to turkey and beyond has to go through syria so in essence we are all complementary building blocks helping each other create this network. it's important to point out that jordan has been very visionary and probably one of the leaders in the region in integrating infrastructure within the arab world. we have right now been the first to lead connecting the electricity grids in the region. egypt is connected with jordan and we're connected with syria and lebanon and beyond that to turkey. in gas, egypt is also providing gas to jordan and the gas pipeline goes through jordan and to supply gas to syria and lebanon and beyond that also to turkey. so you can clearly start to see how jordan 's positioning as a hub point in infrastructure ...where we're connecting neighbouring countries through this hub which i think is going to be very critical to create an integration economically within the region...interdependence. and i think it will add to the factor to increase stabilit

but the world of opec is still one basically invited -- divided gcc. and i've also confidence to make sure that prices will remain moderate, reasonable, for as long as they can, reasonable, why? $60 to date is a marginal cost of developing and finding and producing new oil, and that is oil from deep water. so the current price range is just slightly above the marginal cost of finding and producing. and it is very closely observed by our friends of the gcc. >> thank you. so the obama administration has nothing to worry about. rayola, this question is for you. and utah globe about the impact of the bp oil spill on the american petroleum industry, and any legislation that congress either has passed or intense to pass during this lame duck session, regarding the addressing of this particular problem? >> well, it's had an enormous impact on the oil industry. first and foremost is a came as a big shock to all of the people who work in this industry that it ever could it even happened. in our years, decades in the gulf of mexico we have drilled over 40,000 we

%he gcc alone holds up to 500 billion barrels, and the gcc provide iraq and iran some 750 barrels.o whatever we have is a tiny fraction of what you find in the middle east. between the countries that i just mentioned, the they import 32 million barrels a day of product, and the middle east is is the biggest area of export of oil, exports over 17 million barrels a day. now, we think and some of our dreamers believe that we are not going to be in a situation of importing much more oil, but the latest assessment in january of the international energy agency -- sorry, of the eia shows that 25 years from now we're importing just as much oil and product as we do today. despite the massive efforts to improve the efficiency, despite the massive efforts to go into competitive sources, other forms of energy in the transportation sector. china's expect today go from four to 13 million barrels a day of oil imports and china from just over two to close to seven million barrels a day. what does that mean? >> that means the competition for oil is going to be heating up i' the coming decade and th

what is the duty of the gcc f., the gulf coast claim, what duty do we owe the company, that motel or the restaurant in boise, idaho this is plus 12% of its business because they can't get shrimp were shrimp scampi. i mean, proximate cause all you portland lawyers. proximate cause. but for causation under the oil pollution control act, there's never been a disasterlike bp. the oil pollution control act was passed after exxon valdez to do with exxon valdez. how do you decide that? originally i said if you're too far away for the spill, you're out of luck. well, i got my head handed to me on that one, so i backed out and said okay, physical proximity, geraphical proximity to the hill is not required. but can you document your damage if you're that far away? that's going to be the interesting issue. last question. >> and from the law firm of bryn mawr's. and your management of the gcc act, >> my own standards, publicly using the oil pollution control act as a floor. it goes back to my previous answer to the question. my goal clearly, publicly michael, let's corral as many claims as possi

according to their gdp -- national gdp information, with a high income countries being of course the gcc countries, middle income countries being places like syria, algeria and the light. and although in countries which would fall into mauritania, somalia, sudan and so forth. we see here there's a lot of variations beginning on where people live. where the highest, the proportion for people who are more what to start a business you don't come from the poorest countries, but actually from the more middle income countries. so what do you aspiring entrepreneurs look like? so, not surprisingly we can see that men are actually far more likely -- actually twice as likely to say they want to start a business as opposed to young arab women. for men, business creation and pensions are highest in countries that are highlighted they are or at least 30% of them. i'm not going to read the list. for women, we have at least 30% again in those four countries. and as you can see, there is some overlap. what other attributes can help us define aspiring entr the well, we know they are more likely to be emp