This is the key. They are cooperating to destroy US efforts at self-sufficiency.
On the bright side, the canals of Venice are clear (you can see the fish) for the first time in recent history.
This is completely shocking to me.
I remember complaining about gas when it went above $2 and my grandfather sat me down and related several stories about the 1970's oil crash, Jimmy Carter saying we needed to be energy independent, and other fascinating stories about OPEC.
To honestly see a day where OPEC and the Russians see the US oil production as a threat is pretty incredible when you think about it.
That's simply impossible. Best they can do, is bankrupt the current owners of fracking oil wells. But the equipment and sites / wells remain, and will be taken over by new owners, which will remain pumping oil as soon as price reaches sufficient levels (or until the US needs it for "national security").
The new owners may be Saudi...
So you've definitely got a huge demand-side crisis, and coupled with whatever Saudi Arabia and Russia are trying to do (fighting between themselves or fighting between themselves in order to bring down the US shale companies, I'm never quite sure) that means that the only way is down.