U.S. refiners using most domestic oil in 29 years
Refineries in the United States are relying on domestically produced crude oil now more than any other time since 1986. Domestic production and imports from Canada and Mexico made up 85% of crude processed at U.S.  plants in January, the most since March 1986, reports Bloomberg.

Crude output in the U.S. has surged due to the shale revolution, transforming the country into the world’s third-largest crude producer. Rising supplies have helped to cut crude prices by more than half last year wit...


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