Tagged: Domestic oil

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6:20am

Mon March 12, 2012
The Two-Way

Report Shows Drop in U.S. Oil Imports

The White House will unveil a report today showing that U.S. dependence on foreign oil imports has dropped by more than two million barrels a day since President Obama took office.

The report shows U.S. imports at 8.4 million barrels a day last year from 11 million barrels a day in 2008. As a percent of all U.S. consumption, foreign imports went from 57 percent down to 45 percent in the same period, the report says.

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