CRUDE PRICES NEED TO HOLD UP DESPITE OPEC

With a number of oil companies disposing of higher cost marginal production assets and higher cost potential exploration acreage and re-aligning portfolios towards the unconventional market, ConocoPhillips, being one company as an example, OPEC really does need to understand the economic impact on the oil and gas industry supply chains that have taken decades to be established at the "Energy Cities" 

Just look at the list of cities below that are impacted by LOW Oil and Gas Prices

Its huge

• Aberdeen, Scotland UK
• Esbjerg, Denmark
• Stavanger, Norway
• Cape Town, South Africa
• Luanda, AngolaCalgary, CanadaHalifax, CanadaHouston, USARio de Janeiro, BrazilSt. John’s, CanadaVillahermosa, MexicoAtyrau, KazakhstanDammam, Saudi ArabiaDaqing, ChinaDoha, QatarDongying, ChinaKaramay, ChinaKuala Lumpur, Malaysia
  and by no means is this the full list......