Energy snapshot of the US - Encouraging signs !

U.S petroleum imports on  a net basis peaked at 60% of domestic consumption in 2005 and are now down to 46%. US crude oil output rose 18% since 2008. With the recent advancements in drilling technology over the past decade, especially the fractured drilling or fracking, the domestic oil and gas output is projected to increase significantly in the coming years.

US oil imports  country wise.

Canada                     25%
Persian gulf               16%
Mexico                     11%
Venezuela                 9%