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June 13, 2014
Geopolitical issues that are out there. and in fact were going to see higher prices at the pumps. >> so prices are going to go up. there is no way even if you have a relief of the situation. >> youll get minor relief. but this is only one of several issues on the horizon. and the demand/supply balance is so tight that even a half million barrels a day of supply that comes under pressure, it can mean 20 or 30 cents more per gallon at the pump. >> thank you very much, dan. "outfront" next, serge...
June 13, 2014
Been pumping out quite a bit of it recently. and thats our number tonight. 3.37 million that is how many barrels, according to the international energy agency that iraq was producing per day last month. you heard me right. 3.37 million per day last month. close to the record set back when everything was working in 1979. joining me now is dan dycker and president of merck block. knows nor about this everyone. we have this map. and were looking at the area that isis controls in iraq. this is iraq ...