Topic - Maria Van Der Hoeven

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  • ** FILE ** President Obama visits the TransCanada Stillwater Pipe Yard in Cushing, Okla., in March 2012. (Associated Press)

    U.S. pumps up oil production as demand rises in developing world

    The rapid growth of U.S. oil production is transforming global markets and easing supplies just as China and the rest of the developing world move to overtake the developed world for the first time in consumption, the International Energy Agency reported Tuesday.

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