Wednesday, December 10, 2014

Bloomberg: America Getting Rid of Oil Addiction as Price Plummets Amid Glut

Tectonic market shift throwing off temblors.

From Bloomberg, Dec 10, 2014, 7:00:00 PM
A driver holds a fuel pump as he refuels his automobile with diesel at a gas station. Photographer: Jason Alden/Bloomberg

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?

To read the entire article, go to http://bloom.bg/1vFYMpA

Sent from the Bloomberg iPad application. Download the free application at http://itunes.apple.com/us/app/bloomberg-for-ipad/id364304764?mt=8



Sent from a mobile device.

No comments: