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US Getting Rid of Oil Addiction as Price Plummets in Glut

2014-12-12 00:47:50| Energy - Topix.net

The U.S. is producing the most oil in 31 years, economic growth is picking up and crude prices are plunging. So why is Americans' use of petroleum waning? As the U.S. moves closer and closer to energy independence, greater fuel efficiency, changing demographics and an increase in renewables are altering the dynamic that in the past would have seen demand for gasoline climbing.

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