Joseph Dancy: IEA Report Shows OPEC Spare Capacity Is Diminishing: Embargo against Iran will cut oil output by one million barrels a day

"Jim welcomes back Joe Dancy to discuss the energy sector. Joe notes the recent IEA report citing shrinking spare capacity in OPEC countries, as well as recent unrest in Sudan, Libya, Syria, Nigeria and Yemen leading to supply disruptions..."

at http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/03/26/joseph-dancy/iea-report-shows-opec-spare-capacity-is-diminishing