Is OPEC finished?

Is OPEC finished? Well,OPEC was organized in 1960 when the Texas Railroad Commision dominated the oil market,indeed, ruled the roost,by limiting the production of Texas oil.In those days Texas oil when for 3 dollars a barrow,internation oil sold for dollar,that's right a dollar.To stop the influx of cheap foreign oil the U.S Government had quota to restrain incoming foreign oil.The quota was lifted in 1973 the year OPEC showed it's muscle with stoppage of oil to the West.Since 1973 the West was at mercy of OPEC,we importing more and more foreign oil and OPEC rule the roost in the oil market.But then shale revolution occur and U.S soon desprite the dummies in Washington who are captives of environmental morons,will over take from Saudi Arabia and Russia as world's leading productor of oil and gas.
Recently the Saudi,hence,OPEC said they wouldn't cut production of oil despite the dropping price of oil,a sign OPEC's domination of the oil market is over!