“In its monthly Short-term Energy Outlook (STEO) published today, the U.S. Energy Information Administration (EIA) said it expects the net import share of U.S. oil consumption to drop to 40% in 2012, down from 45% a year ago and over 60% in 2005. The EIA forecasts a further drop in imports to 37% of total U.S. consumption in 2013, the first time since 1991 that imports will supply less than 40% of total U.S. consumption.”
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