and, gianna bern, the president and founder of brookshire advisory and research. nervous does this upheaval make you about what happens with oil prices and with gas prices? >> well, i think the market has initially probably overestimated the impact of this a little bit in sense that most of the iraq's oil production is in a small area around basra. >> ifill: in the southern part. which is overwhelmingly shiite population. so the militants fighting in the north would have very little local support there, and there's really nowhere for them to hide or operate. in the north, you've had the kirkuk volumes that go out to turkey to the mediterranean. it's about 230,000 barrels a day. that's been offline since early march. so that loss has already happened. >> ifill: gianna bern, how much of this oil production is intended for internal use, domestic use in iraq, and how much of it is intended for export? >> well, the vast majority of iraq's production is intended for export. you just mentioned in your -- just a minute earlier iraq's production has reached about 3 million