Is the Sun Setting on the Global Oil Supply?

Here is a short Q & A from National Geographic with an oil industry insider about the future of oil supplies. The oilman confirms what common sense tells us: #1, there is no oil supply problem in the near or in the long-term, and #2, it is simply not in any country's interest to use oil as blackmail against the west, because it is their primary source of revenue, and it would doom them more than us. But he has some interesting angles on the situation that, on the whole, are fairly reassuring.