Pickens says US spent $337 billion on oil imports
T. Boone Pickens, the billionaire energy investor, said the US spent $337 billion in 2010 on oil imports, a 28 percent gain from the previous year.
His comments follow the announcement by the Department of Commerce on Friday, February 8, that US exports reached $186.4 billion in December and rose to a record annual total of nearly $2.2 trillion in 2012.