U.S. Oil Imports Shrink, Yet Worries Loom

New York Times: Good news on the energy security front? According to some October statistics released by the American Petroleum Institute, the United States imported 10.75 million barrels of oil a day last month, a decrease of 133,000 barrels a day from October 2009. That decline may seem small, and indeed that is equivalent to only about one-eighth of what the country imports from Saudi Arabia every day. But from a security and economic point of view, some say that it`s a step in the right direction, particularly......

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