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OPEC's Cuts Can't Fight Global Recession Headwinds

OPEC members have an interest in keeping a share of the energy market. Crude oil in the less than $70 range will discourage alternative energy development therefore do not be too happy about lower prices.

Crude oil in range of $80 makes tar sands and alternative energy sources possible.

Demand is now down but the battle for long term reasonably priced fossil energy sources will continue.
Lower prices mean the public companies will pull back and the nationally owned companies (China, India, Russia) will continue pursuing energy for the future and public companies will take second place.

Forget $100 a Barrel - Oil Will Plummet to $30

Nuclear Plants take 8-10 years. 1000 cars in 2014 is drop in bucket. Alternative energy will have a place but fossel fuel will be a major source for a long time.
If you do not understand if oil goes below $65 per bbl then a lot of new production will not be brought on line.