Friday, August 24, 2012

U.S. On Pace To Cut Imported Crude Oil Reliance

Bloomberg:

A boom in oil production from the shale formations of North Dakota and Texas has the U.S. on a course to cut its reliance on imported crude oil to about 42 percent this year, the lowest level in two decades.

Read the whole story at Bloomberg

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Source: http://www.huffingtonpost.com/2012/08/23/us-on-pace_n_1824835.html

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