EIA: Output in Bakken, Eagle Ford could bring oil imports to zero by 2037

04/11/2014 | American City Business Journals

Surging oil production in the Eagle Ford and Bakken shale formations could bring the U.S.' net oil imports to zero by 2037, the Energy Information Administration reported. "This is the first time the Annual Energy Outlook has projected that net imports' share of liquid fuels consumption could reach zero," said EIA spokesman John Krohn.

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