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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (183230)	4/3/2014 8:41:47 AM
From: Dennis Roth	4 Recommendations Read Replies (1) of 206147

Energy Weekly: US Net Oil Imports Drop 1.9-m b/d Y/Y In Jan — More Giants Steps Towards US Energy Independence As US Crude Imports From Africa Are Almost Over 1 April 2014 ¦ 14 pages ir.citi.com The monthly US data for January showed the biggest y/y drop in US net oil imports to date. January typically sees a m/m bounce as refiners restock after running down inventories into year-end; the last 3 years have seen a January m/m bounce of almost 1 m-b/d on average. This year the m/m bounce was just 0.2 m-b/d, leaving the y/y drop at an impressive 1.9 m-b/d. Crude imports from Africa fell to just 171 k-b/d in January, down from over 2 m-b/d in 2010.

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