Fesharaki Sees Disappearance Of US Oil Imports From Middle East

There is a high possibility that US oil imports from the Middle East will be reduced to next to nothing before the end of this decade, according to FACTS Global Energy (FGE) Chairman Fereidun Fesharaki. In a 21 January Chairman’s Corner report he observes: “A great strategic shift is in the making – perhaps the most important one in decades. The United States, as the global superpower, has justified its...