Saudi playbook for lower oil prices is obvious in retrospect

According to a piece in mining.com published in January 2013, the EIA's "Annual Energy Outlook 2013" appears to have given Saudi Arabia inspiration for their current stance on maintaining production in the face of lower oil prices:

The extra EIA oil projections are almost as much as Saudi Arabia currently pumps, leading to a scenario whereby for Riyadh, prices will have to fall to stimulate faster consumption growth while discouraging development of rival supply sources.

Given that pronouncement, the Saudi strategy of maintaining production despite lower oil prices hits a home run, by maintaining market share, stimulating oil consumption, and discouraging the development of oil sands, shale oil, and alternative energy. One example of increased consumption is strategic stockpiling of oil by China.

Economic growth in Somalia dependent upon piracy

According to a recent World Bank report, "Pirate Trails", between U$339-314M was paid out to pirates from 2005-2012. Given the low end estimate over an 8 year span, that's over U$42M/year.

According to UN statistics, the GDP of Somalia from 2010-2011 ranged from U$1067-1071M, with a GDP growth estimate of 2.6%. That works out to under U$28M/year. An obvious implication is that without piracy, the Somali economy would shrink.

Europe more dependent on Nigerian oil than the USA

According to recent EIA statistics, 44% of Nigerian oil exports go to Europe. Meanwhile, the fracking boom has reduced US dependence on imported oil.
Consequently, don't be surprised at European efforts to stabilize Nigeria, as evidenced by a recent report that France is sending secret service agents to Nigeria. The infrastructure threat is not theoretical, as Boko Haram has threatened oil refineries.