It is strange to read the FReepers who think it is in the US interest for OPEC to act as a cartel, manipulating the market and force prices higher by restricting supply.
Last November, most of the OPEC members wanted to do just that. But it requires a unanimous vote, KSA and a couple other refused to cut the supply.
Isn't it a fungible product, so they're simply pumping oil and as soon as the price rises shale production will increase again?