![]() Bloomberg |
Trade Deficit in U.S. Plunges on Record Petroleum Exports
Bloomberg Record petroleum exports helped shrink the U.S. trade deficit in December to the smallest in almost three years as America moved closer to energy self- sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo. The gap narrowed 20.7 … The US Economy Probably Grew After All, Thanks to Oil US oil imports at lowest level since 1999 as trade gap shrinks US trade picture brightened at end of 2012 |