For the US government, it doesn&#x27;t matter particularly if OPEC keeps the level of supply up or not; low oil prices may cause the local oil production to stall but they also dramatically help all other branches of the US economy. If supply goes down and prices up, the exports will just resume again.<p>Saudi Arabia and other OPEC members however need high prices, they are not just a mere luxury to them. They may have $10 lifting costs but they have overextended their state budget by relying on oil profits to the point where they need a $80+ price to just maintain the status quo. They have no meaningful other economy.