Declining oil prices: OPEC vs. (future) Shale?

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Media Outlet: Al Arabiya News

Partly as a result of the U.S. energy boom, oil prices have hit a five-and-a-half-year low

In the News:

Afshin Molavi is a fellow with New America's International Security program. He is also co-director of the emerge85 Lab at Johns Hopkins SAIS, an initiative that explores the rapid urbanization, unprecedented connectivity, and growing middle classes transforming Africa, Asia, Latin America, and the Middle East—collectively home to 85 percent of the world's population.