The US Bet Big on American Oil and Now the Whole Global Economy Is Paying the Price (February 1, 2016)

Author Steve LeVIne begins his article on the Quartz news outlet website with the following statement: "Oil has wrong-footed our leading experts—again." He then goes on to explain why and how this is so. Later on he notes, however, that Dr. Verleger forsaw the crude oil price decrease back in 2012, observing that "even though the bull run went another two years, Verleger arguably still had more clarity than his peers." Read the full article here.