In this 40+ minute interview, Jason asks Robert about the terrorist/rebel activities in Iraq and whether this has already lead to any refinery or pipeline shutdowns or destruction.
Robert says refineries are being evacuated and one was recently captured but nothing has been destroyed yet. Iraq is one of the few countries who has dramatically increased oil production the last 7 years straight but this positive trend will probably stop now.
Next, Jason asks Robert about the new, in depth BP Statistical Review out. Robert talks about how the US (because of shale oil production) is the only major country that increased oil production significantly. Many other key oil producing countries are now in rapid production decline and global oil demand is now growing faster than global energy supply (production) .... http://investmentwatchblog.com
