Joe Dancy Says Excess Crude Capacity Is Falling
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Jim Puplava and Joseph Dancy, Professor at SMU School of Law and Manager of LSGI Technology Venture Fund LP, discuss the convergence of statistics and factors—recent IEA crude demand estimates, Libyan and Yemeni oil offline, China and Russia prohibiting diesel exports, and efforts to control inflation—that are likely to lead to higher oil prices later this year.
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