If you think the U.S. economy is doomed, read this

From RT Business:
 
For the first time since 1999 oil demand in the U.S. overtook that of China, the International Energy Agency (IEA) says. The U.S. "shale revolution" has largely contributed, and analysts agree higher fuel consumption means the American economy is recovering.
 
According the IEA, U.S. oil demand grew by 390,000 barrels a day, showing a 2 percent increase after years of decline. In contrast, Chinese demand growth was the weakest in 6 years having added only 295,000 barrels per day.
 
Higher oil demand in the U.S. reflects stronger activity by both American companies and people, as fuels such as gasoline and diesel are a primary source of energy.
 
The boost in U.S. consumption came as a surprise to many analysts. Many who predicted a decline in demand in 2014 are now forecasting…
 
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More on the shale boom:
 
 
 
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