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America: 'The new Middle East'

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Predictions of U.S. dominance in the world oil market are a stunning reversal from the grim energy forecasts of a few years ago. Headlines are trumpeting that the United States could soon surpass Saudi Arabia as the world's largest oil producer. Let that sink in for a moment. After 40 years of hand-wringing over foreign energy dependence and oil disruptions, the Department of Energy reports...

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