Tuesday, December 17, 2013

Gas Prices May Head Even Lower

Gas Price oil energy production
Michael Conroy/AP
The Energy Department says domestic production of oil is increasing so quickly that it will push global prices lower over the next few years, which could bring down prices at the pump. The report also says the U.S. will need to import just 25 percent of the oil we use by 2016, down from about half just a few years ago.

 -Produced by Drew Trachtenberg.

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