Many other producers are already running at full capacity; OPEC has its hands on the only spare oil (see chart).

许多其他的石油生产国已经满负荷运转；欧佩克也开始动用仅有的备用油。

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Saudi Arabia, the central bank of the oil market, technically has enough spare capacity to replace Libya, Algeria and a clutch of other small producers.

石油市场的中央银行沙特阿拉伯，从技术上说，有足够的额外能力来取代利比亚，阿尔及利亚，还有一系列的小型石油生产国。

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The world's demand for oil has been growing faster than supply in recent years, leaving little spare capacity.

最近几年，世界石油需求相比供给迅速增长，几乎已没有备用产能。

youdao

This would, vitally, eliminate all the global spare oil production capacity.

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Speaking at a conference in Dublin this week, organised by the Institute of International and European Affairs and the Association for the Study of Peak Oil and Gas, Chris Skrebowski, a consulting editor of Petroleum Review, argued that spare capacity in the oil market could be eroded by 2015.

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The Saudis had 1.5 million bpd of spare production capacity--oil spigots on standby--and it was less desirable heavy crude.

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