The US Department of Energy is cutting its reliance on foreign oil
December 12, 2012
This chart shows that the US Department of Energy is predicting that the net import share of total U.S. energy consumption will fall to just 9 percent in 2040 from 19 percent in 2011.
Sounds far fetched? Saudi Arabia has just cut oil output to its lowest level for a year partly as a result of surging US crude production.
Posted in: Infographic of the day, News