Deloitte: Executives see US self-sufficiency for gas, but not oil

11/19/2012
The US is expected to be a self-sufficient producer of natural gas within 10 years, said most oil and gas executives participating in a recent Deloitte survey. But they were less optimistic that the US can meet its oil demand with domestic supplies. Of more than 250 survey participants, 75% believe the US already is gas sufficient or will be within 10 years. Meanwhile, 54% of survey participants believe the US never will be completely oil self-sufficient while 26% said oil self-sufficiency is achievable in the next 10 years. If the question of oil self-sufficiency had been expanded to include all of North American, the results would have been more sanguine, Delotte said in results release...
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