Iraq, a member of OPEC, is sending as many as 10 tankers contains 19 million barrels of crude to the USA to challenge USA shale oil producers (http://www.bloomberg.com/news/artic...le-afresh-as-iraq-crude-floods-gulf-of-mexico). Oil prices will undoubtedly drop as the glut of oil hits the market. US production has declined as pricing pressure shutters higher prodiction-cost wells. Saudi Arabia continues to ferment discontent, if not revolution, among OPEC members by holding oil under under $50 a barrel and resists calls to curtail oil production ĺhttp://www.telegraph.co.uk/finance/...roying-Opec-and-feeding-the-Isis-monster.html). The Saudis are carrying on the battle to force US oil producers out of business, and are beginning to wage war against solar and wind power. Lower oil (and gasoline) prices may be good news for the US consumer in the coming months, but the good is countered by the bad news for states' economies dependent upon oil production. Revenues will drop, business tax revenue will decline, and unemployment will increase. I haven't seen any discussions about what might be a reasonable balance.