although it's not an oil exporter they are surrounded by places like iraq, turkey, lebanon and isreal. >>> john, great to have you here with us. >> good evening. >> i don't get this. we've been hearing for awhile now these reports about the u.s. is getting close to energy independence. we have record oil supplies. you kind of expect a price break. why are prices going up? >> it's a hope for energy self-reliance and not independence. it's a global market. you string together the problems that you just related to us all, production problems, that is, within opec about 2 million barrels per day are offline, whether libya, some of the african countries and embargo on iran, it adds up to tipping the balance globely to a tighter market rather than over supply situation, even though we have record inventories we have here in the united states. >> they are pushing the price up beyond what it should be based on supply and demand out there. is that the case? >> i guess if there weren't riots in turkey or if there wasn't a potential problem in syria between the u.s. and russia as a approximate s