Motley FoolWhy the Electric Car Won't Kill OilMotley FoolThere seems to be a big misconception on the future of oil demand in the world. There is a misguided belief that the electric car, or really just fuel efficacy in general, will eliminate much of …

ReutersFalling oil prices shrink trade deficit to 11-month lowReutersFalling global crude prices brought down the cost of oil imports to $8.25 billion, down 17 percent from December. Year-on-year oil imports fell by nearly 38 percent. Oil accounts for near …