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Petroleum use in US waning despite record oil production

Greater fuel efficiency, rise in renewables and changing demographics damping demand
Saturday, December 13, 2014 - 05:50
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GO WITH THE FLOW: Younger Americans are moving to the city; more people living in city centres means more people who can get around without cars.

San Francisco

THE US is producing the most oil in 31 years, economic growth is picking up and crude prices are plunging. So why is Americans' use of petroleum waning?

As the US moves closer and closer to energy independence, greater fuel efficiency, changing demographics and an