... the lowest petroleum bill in nearly 2-1/2 years ...The North Dakota Bakken boom began in 2007 and hit its stride in 2010 or 2011. And 2.5 years this is where we are: the US reports the lowest (import) petroleum bill in nearly 2.5 years.
Unrelated, I suppose, Motley Fool provides a nice little essay on what regular readers already know: a) Kinder Morgan cancels proposed pipeline from west Texas to California (California refiners prefer the flexibility of rail); and, b) the Canadian govt likely to disapprove Enbridge's $6.5 billion pipeline from Alberta to the Canadian west coast. [Update: the Canadian federal government says the "fat lady has not yet sung."]
Activist environmentalists brought back the track. Ya gotta love it.
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