A further effect of the US car market's historic reversal from the fuel-efficiency trend: the American Petroleum Institute says that with gasoline demand rising and domestic production down, imports have reached 10 million barrels a day and account for 55 percent of supply. The imports have managed to push gas prices down 7 cents a gallon this year.
Oil Imports Soar
A further effect of the US car market's historic reversal from the fuel-efficiency trend: the American Petroleum Institute says that with gasoline demand rising and domestic production down, imports have reached 10 million barrels a day and account for 55 percent of supply. The imports have managed to push gas prices down 7 cents a gallon this year.
