diff --git a/CHANGELOG b/CHANGELOG
index 3b1e526..9404c57 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,13 @@
+v1.7.0
+  Version 1.7.0
+
+  This release drops the hard requirement on oauth2client and installs
+  google-auth by default instead. oauth2client is still supported but will
+  need to be explicitly installed.
+
+  - Drop oauth2client dependency (#499)
+  - Include tests in source distribution (#514)
+
 v1.6.7
   Version 1.6.7
 
diff --git a/googleapiclient/__init__.py b/googleapiclient/__init__.py
index d689c95..730d242 100644
--- a/googleapiclient/__init__.py
+++ b/googleapiclient/__init__.py
@@ -12,7 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "1.6.7"
+__version__ = "1.7.0"
 
 # Set default logging handler to avoid "No handler found" warnings.
 import logging