oil imports

U.S. oil production peaked in 1970; U.S. oil consumption did not. As a logical result, the importation of oil from other countries has increased over the decades until it accounted for two thirds of the petroleum used in the United States in 2008. However, that rise has not been steady. Several ...

T. Boone Pickens may not know exactly what's up with V-Vehicles, a company that he's invested in that wants to make high-mileage vehicles, but he does claim to know some things. During his opening keynote speech at the AFVI Expo in Las Vegas, for example, the long-time oilman and big natural ...

The energy correspondent for United Press International has rounded up an interesting cross section of opinions on the subect of ethanol. Gov. Brian Schweitzer of Montana wants to eliminate the middleman in a system where the U.S. sends food to a Third World country and buys oil from the same ...