RE:The New OPEC? Trump, Putin, and Saudi ArabiaNo way US/Trump can compete with OPEC/RUSSIA. Shale production is non-economical at these prices - heck, double these prices. OPEC/RUSSIA can still cover their production costs etc. at these prices. Shale in US is dead (for now). Was nice while it lasted, but has been on the ropes for the past few years!