[Vision2020] Factcheck: US Petroleum Imports Under 50% in 2010, Domestic Production Increased

[Ted Moffett]

I was surprised to learn recently that US imports of oil have declined
to under 50 percent of consumption, and total US domestic production
has increased in recent years.  Even less dependence on foreign oil is
expected in coming years, according to the source below:
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Is Obama to Blame for $4 Gasoline?

Democrats, Republicans spin oil data in dispute over high gas prices.

March 24, 2011

http://www.factcheck.org/2011/03/is-obama-to-blame-for-4-gasoline/

First of all, net imports are trending downward. Our reliance on
imported liquid fuels — as the EIA calls oil and other petroleum
products — declined to less than 50 percent of U.S. consumption in
2010. And, despite an expected uptick this and next year, it will
decline through 2035. The EIA’s 2011 Annual Energy Outlook, released
December 2010, projects our reliance on imported liquid fuels will
drop to 42 percent by 2035.
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Vision2020 Post: Ted Moffett