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Originally posted by MattMarriott
2025 science fiction - presented by the acclaimed writers of the FT and the DOE, December 2003
Net oil imports are expected to rise to 70 per cent of total US petroleum demand by 2025, according to the department.
The new Annual Energy Outlook 2004 report says the US is being forced to increase oil imports to accommodate growing demand amid declining domestic supply. In 2002, net imports of oil were 54 per cent.