oil imports

1974: Administration opposes HR-8193, but House sub-committee gives it an OK. Mountainous Bolivia asks 50% for its ships; others get 100% share of their own trade.

There’s one pairing of numbers that indicate the U.S. is energy independent. But beneath those numbers, it gets a lot less clear.

A new rule in Mexico will boost demand for ultra low sulfur diesel. Also: the Saudis pull back from the U.S. and why it isn’t a big deal.