You pull out as an ally of Saudi Arabia, someone else fills the void. China, Russia whoever sets up shop. There’s no point in cutting ties with oil producing nations until we don’t need the oil anymore.

Secondly the oil producers are getting out ahead of the recession. They know demand is going to drop significantly as the summer months wane and economies buckle, they’re not going to keep oversupplying from the goodness of their hearts.

The reality is we are kicking and whining like spoiled children when we’ve spent decades NOT doing the necessary things to avoid oil dependency. If only Saudi Arabia was nice to us!