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Vehicles pack a main road during rush hour in Beijing. China, which overtook the U.S. late last year as the world’s largest oil importer, has the single biggest influence on global demand for fuels.

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Drivers endure high gas prices despite US oil boom

The U.S. is increasing its oil production faster than ever, and American drivers are guzzling less gas. But you’d never know it from the price at the pump.

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