U.S. relies less on oil imports to meet fuel demand-Govt

Newswire

* More fuel-efficient cars help reduce oil import need * Higher U.S. oil and biofuels output cut foreign oil * Moderating trend to continue through next decade-EIA By Tom Doggett WASHINGTON, May 25 (Reuters) - U.S. dependence on imported oil fell below 50 percent in 2010 for the first time in more than a decade, thanks in part to the weak economy and more fuel efficient vehicles, the Energy Department said on Wednesday. The department's Energy Information Administration said it ...

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