As U.S. Oil Production Soars, OPEC's Power and Influence Sinks...

“OPEC is the past, and its leverage over the economies of the world has been significantly diminished,” John Hickenlooper, a former oil-industry executive who is now Colorado governor, said recently. “We really control our own fates.”

America's Net Oil Imports Continue Falling Sharply...

U.S. net petroleum imports fell to 26.2% this year through May, which was the lowest dependence on foreign sources of petroleum since 1971 when the country’s net imports were 24.3%.