Though there were rumours that the tournament would go to Merion in Philadelphia, a newspaper in San Francisco is reporting the 2012 Open is going to the Olympic Club. You can see the story here.
Here’s the list for U.S. Open through 2012:
2005 Pinehurst (N.C.) 2006 Winged Foot (N.Y.) 2007 Oakmont (Penn.) 2008 Torrey Pines 2009 Bethpage (N.Y.) 2010 Pebble Beach 2011 Congressional (Md.) 2012 Olympic Club
It is an impressive list, with the exception of Congressional and Torrey Pines, neither of which are great U.S. Open Venues. Apparrently the USGA isn’t concerned that the ball will be flying even farther by 2010 — cause Pebble won’t be that long, nor will Olympic.