US is overcoming oil addiction

[Daal]

http://www.newyorkfed.org/research/directors_charts/us_oil.pdf
volume is in long-term trend downtrend, I dont know if they adjust this to population growth, I believe not, this makes the move even stronger

 

[ron2368]

Probably will be revised up after elections

 

[thriftybob]

The difference is we still use the same amount of oil, but import all the physical goods we used to use it to produce.

 

[Mvic]

This will help in that regard

http://www.boston.com/news/local/ma...s_expected_to_increase_heating_costs_in_mass/

Cost of heating oil here in Boston has gone from 2.89 last year to 3.39 this year.