OPEC is frequently accused of maintaining artificially inflated oil prices by restricting oil production, but its ability to control the market price has declined with increased competition from the [[United States]] (especially new oil production in [[North Dakota]]), [[Mexico]], [[Norway]] and [[Russia]].<ref>https://www.bloomberg.com/news/2014-11-23/opec-easy-decision-days-seen-over-by-former-qatari-oil-minister.html</ref> | OPEC is frequently accused of maintaining artificially inflated oil prices by restricting oil production, but its ability to control the market price has declined with increased competition from the [[United States]] (especially new oil production in [[North Dakota]]), [[Mexico]], [[Norway]] and [[Russia]].<ref>https://www.bloomberg.com/news/2014-11-23/opec-easy-decision-days-seen-over-by-former-qatari-oil-minister.html</ref> |