U.S. MUST SLOW OIL IMPORT GROWTH

U.S. Department of Energy officials drafting a national energy strategy should pay close heed to new numbers reflecting the country's energy health. By the measure that should be most significant to policy makers, the patient is ill and getting worse. According to American Petroleum Institute, oil imports as a percentage of total deliveries reached 46% in 1989, just short of the record high 47.7% of 1977. Statistical adjustments to neutralize changes in stocks reverse the standings: Last

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