New York Times | Oil Boom Gives the US a New Edge in Energy and Diplomacy New York Times HOUSTON — A substantial rise in oil prices in recent months has led to a resurgence in American oil production, enabling the country to challenge the dominance of Saudi Arabia and dampen price pressures at the pump. The success has come in the face of ... Are We There Yet, OPEC? Don't take oil price resurgence for granted Saudi Arabia's oil supply cuts risk reviving US shale industry |