American Oil Most Since First Well in 1859 Signals Independence

The U.S. expanded its oil production this year by the most since the first commercial well was drilled in 1859, upending a belief that Americans were increasingly hooked on foreign crude. Domestic output grew by a record 766,000 barrels a day to the highest level in 15 years, government data sho…

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American Oil Most Since First Well in 1859 Signals Independence