A brighter outlook for trade also illustrates how a boom in oil and gas production is reducing crude oil imports and making the U.S. a leader in the export of fuels. And it shows that higher domestic sales of fuel-efficient cars are lowering dependence on oil.
Matt Damon, star of “Promised Land”, hopes the movie will win over international critics, despite a disappointing showing in the U.S. “It didn’t get the reception that I would have hoped for,” he told reporters.
A Senate panel said Thursday that Alaska’s oil tax system likely helped advance the decline of oil production in the state, but it expressed misgivings with Gov. Sean Parnell’s approach to addressing the issue.
Tokyo Electric Power Co., operator of the devastated Fukushima Dai-Ichi nuclear power plant, plans to buy liquefied natural gas from the LNG terminal in Cameron Parish, Louisiana, raising expectations Japan will tap into the U.S. shale gas boom.
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