Rock Oil is one of the biggest threat to oil-producing countries in Africa

But on the contrary, in 2012 the Saudi oil exports to the U.S. has expanded the scale of 14%. Saudi Oil Minister Ali Naimi said recently,frac sand companies the development of unconventional oil enough to threaten Saudi Arabia in the international oil trade dominance, because the demand is increasing. "I do not think outside of OPEC crude oil production is a threat, on the contrary, a bigger pie, and our more space."

Nigeria's oil minister Madueke opposite view. "Shale oil is one of the biggest threat to oil-producing countries in Africa." She stressed that the African members of OPEC would lose due to the U.S. shale oil 1/4 oil revenues. Since the production of light, sweet crude oil in Nigeria and the U.S. shale oil quality are similar, therefore pose a direct competitive relationship, while Saudi Arabia and other members of the production is higher sulfur content of heavy crude oil.

In addition to the traditional supplier countries,Proppant the United States, no trade relations with the United States OPEC members have complained. Such as Iran, says that the U.S. shale oil production increases and slow to pick up in global demand is the main reason oil prices dragged down. Saudi Arabia has the strength to digest the impact of low oil prices, Iran obviously do not have such strength. English EnergyAspect chief oil analyst Eminem Leader Sen pointed out that Venezuela and Iran, OPEC oil can withstand a minimum of 90 U.S. dollars / barrel. May 27, July Brent contract expires is $ 102.62 / barrel. Venezuela's oil minister said on that day,Ceramic proppant if oil prices fell below 100 U.S. dollars / barrel, OPEC will drive.

U.S. Energy Information Administration (EIA) said that last year the impact of sanctions by the West, the Iranian oil embargo due to a loss of $ 26 billion in oil revenues. Therefore, Iran also needs high oil prices offset these losses.