Bloomberg Markets - Watch Out OPEC, the Americans Are Coming

Watch Out OPEC, the Americans Are Coming

OPEC's decision to cut output for the first time in eight years has put a rocket under oil prices. They've gained almost 20 percent since Nov. 30 when OPEC officials convened in Vienna. It's not all sunny uplands for the oil dignitaries, however, because the rally will spur production in the U.S.