America shale oil production of OPEC temporarily jeopardize

United States, "Wall Street Journal" that OPEC will maintain its target of around 30 million barrels per day output unchanged, while oil prices in the third and fourth quarter will remain at around $ 100 a barrel.Fracturing proppant The surge in U.S. shale oil production, OPEC will exacerbate internal divisions, it had to face the global oil trade possible fluctuation. According to the International Energy Agency predicted that OPEC's biggest customer - North America, in 2030, became a net oil exporter, which will direct threat to OPEC.

However, the representative of Saudi Arabia said that the increase in U.S. shale oil production will not jeopardize OPEC or Saudi Arabia. OPEC "2012 annual data report" shows that Saudi Arabia in 2011 721.8 million barrels of daily exports of crude oil, of which 448.7 million barrels of exports to the Asia-Pacific region, 62.2% of the total export volume. Except Saudi crude exports more Asia-Pacific countries also Iran, Iraq, Kuwait,ceramic ball Qatar and the United Arab Emirates. From this data we can see that Asia-Pacific countries of OPEC crude oil supply main square.

Some media analysts believe that OPEC's oil trade with the Asia-Pacific region in general is a seller's market, which is very different from Europe and America. In addition to the United States imports of Middle East oil, but also imports crude oil from the Americas, Europe relies on Russia's crude oil supply to meet the needs. To ensure the production of crude oil in the U.S. and European markets have a corresponding competitiveness, including OPEC member countries, including the Middle East for crude oil trade in Europe and America, the prices tend to make the appropriate concessions. As for the Asian oil market, the Middle East crude oil in a relatively monopolistic position on the issue of oil pricing initiative, resulting in the "Asian premium" phenomenon of persistence of this situation indicates that OPEC crude oil supply through affecting the entire Asia Pacific region.

In the U.S. global strategy focus to the Asia-Pacific, we are bound to implement the strategy of OPEC as an important tool. With the increase in U.S. crude oil production,hydraulic fracturing as well as dependence on OPEC crude oil decline, the U.S. attitude subtle changes will occur in the future in the affairs of the negotiations with OPEC, OPEC American initiative and desire to control will be further strengthened.