U.S. Oil Imports From OPEC Have Plunged to a 28-Year Low
The cartel's struggle for market share isn't going so well
An oil sample boils in a flask to determine its fractional composition.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
America is the world's biggest oil customer, and OPEC is losing its business—fast.
U.S. imports of oil and petroleum products from OPEC have fallen to a 28-year low, according to data from the Energy Information Administration. The U.S. is pumping more of its own oil, and relying less on OPEC imports than any time since April 1987.