Posted December 23, 2014
U.S. Crude Oil Imports Continue Downward Spiral in 2014 as Production Soars
Dallas Business Journal: So far this year, the U.S. has imported 369.8 million barrels of crude oil, according to the Energy Information Administration. Sure, that sounds like a lot, especially in light of the shale boom renaissance that has swept the country.
Until you look at the past few years.
For the same period in 2010, the U.S. imported 456.1 million barrels of crude, according to the EIA. So, in four years, oil imports have declined 19 percent and will likely continue to decrease in future years.
Read more: http://bit.ly/1x7YCeP
More industry news:
Top Five Energy Stories of 2014: http://bit.ly/1x79Gc7
Falling Oil Price and the Oil Export Ban: Why Policy Action Still Matters: http://onforb.es/13BowNG
Opinion: The Marvel of American Resilience: http://on.wsj.com/1reTBle
Natural Gas: Abundance of Supply and Debate: http://nyti.ms/1A1bTIt
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.