Philip Verleger

• 

  Unforeseen U.S. oil boom upends markets as drilling spreads

  By Asjylyn Loder, Bloomberg  |  January 8, 2014

  The U.S. oil boom has put European refineries out of business and undercut West African crude suppliers. Now domestic drillers threaten to roil Asian markets and challenge producers in the Middle East and South America.

• 

  Oil falls as U.S. could overtake Saudi Arabia in production

  By Phil Flynn  |  October 24, 2012

  Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7% this year to an average of 10.9 million barrels per day.