Forbes | China's Thirst For Oil Spells Troubling News For Beijing Forbes The U.S., once the poster child of foreign oil dependence, has largely changed its energy future due to its shale oil and gas boom. Though the U.S. energy resurgence created the ongoing oil supply glut with more than two years of downward prices, it ... US oil settles at $44.49 a barrel, up $1, or 2.3 percent MarketsOil enjoys best week since April; heading for $47 Oil futures book for largest weekly gain in four months |