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Rising output, energy efficiency to halve U.S. oil imports by 2020 -IEA

Posted on 17 October 2013

Rising oil and gas production and improving energy efficiency in the United States could slash its oil imports in half by the end of 2020 from levels seen two years ago, the West’s energy watchdog said on Wednesday.
The Paris-based International Energy Agency (IEA) earlier this month said the United States would overtake Russia next year to become the world’s largest oil producer thanks to its shale oil boom………………………………………..Full Article: Source


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