US Oil Production Set to Exceed Imports, Highest Level Since 1995
This year, the US will produce 2 million more barrels of oil a day than it imports, mostly because of fracking.
This year, the US will produce 2 million more barrels of oil a day than it imports, mostly because of fracking.
Environmental groups filed suit to cancel the massive sale, alleging there are no new saftey or prevention standards since the BP spill.
Cutting oil consumption would signicantly reduce national security risks, they say.
The automobile centered lifestyle seems to be fading, while fuel economy is increasing.
The recession was only a blip on the upward climb of global oil consumption.
This thoughtful report details short and long term measures which would wean the US off oil for transportation.