Anonymous
The US currently imports approximately half its daily consumption of 19 million bpd of oil and remains both the largest importer and consumer of oil. Conservation and the shale revolution would not eliminate upward pressure on prices from rising emerging market demand. The ongoing shale boom and increasing use of hydraulic fracturing has comparative advantages that could drive future US manufacturing growth, according to a credit-watch company Fitch Ratings.
http://www.hydrocarbonpro…tml?LS=EMS774317
1.10.2013