August marks largest oil imports for year
DALLAS — In his ninth consecutive monthly update on the level of foreign oil imports, energy expert T. Boone Pickens said the U.S. spent more money importing oil in August than any previous month in 2009.
The comments came on the same day the U.S. Department of Commerce announced the biggest increase to the trade deficit in 10 years, largely because of surging oil purchases.
Pickens said that based o...
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