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Obama pushes for reduced oil imports

WASHINGTON --- President Obama on Wednesday called for a one-third reduction in U.S. oil imports by 2025, reviving a long-elusive goal of reducing America's dependence on foreign supplies as political unrest rocks the Middle...

http://chronicle.augusta.com/news/business/2011-03-30/obama-pushes-reduced-oil-i
Business
Trade deficit grows to $40.4 billion in March

WASHINGTON --- The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding...

http://chronicle.augusta.com/news/national/2010-05-12/trade-deficit-grows-404-bi
Business | National
U.S. trade deficit narrows sharply

...sales of commercial aircraft, which helped offset rising oil imports. Despite the overall improvement, the deficit with...foreign oil bill, reflecting rising prices. For October, oil imports rose 5.1 percent to $6.27 billion, the highest...

http://chronicle.augusta.com/stories/1996/12/20/bus_201516.shtml
Business
Don't repeat past mistakes

...prohibitions for obtaining resources from public lands, and cheap and efficient distribution methods (pipelines). The oil imports have decreased more than 1 million barrels a day over the past several years. This amounts to money for hundreds of...

http://chronicle.augusta.com/opinion/letters/2013-08-14/dont-repeat-past-mistake
Full text of President Obama's State of the Union address

...the coming months, I'll build on that success by setting new standards for our trucks, so we can keep driving down oil imports and what we pay at the pump.Taken together, our energy policy is creating jobs and leading to a cleaner, safer planet...

http://chronicle.augusta.com/news/government/2014-01-28/full-text-president-obam
Outlook for US economy improves after reports show fewer layoffs, more exports

...May, the Commerce Department said. That's the lowest level in 18 months.The drop was largely because of cheaper oil imports. But exports also rose to a record-high $185 billion, an encouraging sign at a time when global growth has slowed...

http://chronicle.augusta.com/news/business/2012-08-09/outlook-us-economy-improve
US trade deficit hits $44.2 billion in August as exports fall to lowest level in 6 months

...1 percent to $225.5 billion. Purchases of foreign-made autos, aircraft and heavy machinery fell. The cost of oil imports rose sharply.A wider trade deficit acts as a drag on growth. It typically means the U.S. is earning less on overseas...

http://chronicle.augusta.com/news/business/2012-10-11/us-trade-deficit-hits-442-
President Obama addresses Democratic National Convention

...long-lasting batteries. In the last year alone, we cut oil imports by 1 million barrels a day -- more than any administration...beneath our feet. If you choose this path, we can cut our oil imports in half by 2020 and support more than 600,000 new jobs...

http://chronicle.augusta.com/news/2012-09-08/president-obama-addresses-democrati
Oil falls on prediction that demand will grow at slower pace next year

...demand for oil and energy products. Another factor in lower fourth-quarter demand is Hurricane Sandy, which disrupted oil imports and gasoline deliveries on theEast Coast, the agency said.U.S. gasoline prices appear to have leveled off at an...

http://chronicle.augusta.com/news/business/2012-11-13/oil-falls-prediction-deman
US could soon overtake Saudi Arabia as world's biggest oil producer

...the oil it burned in 2006.By the end of this year, U.S. crude output will be at its highest level since 1998 and oil imports will be lower than at any time since 1992, at 41 percent of consumption."It's a stunning turnaround," Burkhard...

http://chronicle.augusta.com/news/business/2012-10-23/us-could-soon-overtake-sau