 Western-Central Lower Michigan | OPEC and probably USA and some other countries are out to bankrupt RUSSIA. Having oil this cheap is going to have some unintended consequences. Its not necessarily a good thing.
Also OPEC wanted to shut down the Canadian "Tar Sands" oil thing. Canadian oil is probably a break even at $50 or maybe higher.
Think of Keystone Pipe line, who needs that with all the extra oil around? |