Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Opec’s Days Are Numbered, Evercore’s Altman Writes in the FT

Don't Miss Out —
Follow us on:

May 22 (Bloomberg) -- Discoveries of unconventional oil and gas reserves in the western hemisphere will not only reduce price and supply volatility, but will also bring the end of the Organization of Petroleum Exporting Countries, Roger Altman wrote in the Financial Times.

Technology has revolutionized energy supply with the result that the U.S. now has a 100-year supply of natural gas, and oil production is projected to rise sharply, meaning that within 20 years, production could match consumption in the western world for the first time since 1952, Altman, chairman of Evercore Partners and a former U.S. deputy Treasury secretary wrote.

To contact the reporter on this story: John Simpson in Toronto at

To contact the editor responsible for this story: Greg Chang at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.