Does the Federal Government and Oil & Gas Commissions need to tell the oil and gas industry to cut production

[JoMack + 549]

There is an unprecedented drop in oil demand in the United States by over 3 million bbls and production was in the 10 million bbls a day category last month.  So, it is a bit of a head scratcher that the Trump Administration, along with the Texas RR Commission, and industry CEOs are giving in to the Saudi-Russia cartel. At this time these two countries are "the" cartel and they're demanding the U.S. join in the dance to cut crude.  I say this is a bunch of BS contrived by many inside and outside the industry to reign in small producers?  The EIA advised zero exports going out from the U.S. and oil prices are crashing again today.  

The United States oil and gas producers are not going to recover from this downturn since it is based on back room discussions with enemies of U.S. crude, joined by our own government, federal and states, along with industry leaders who want to be a part of the big picture once the small operators are no more.

I hope this isn't the case, but it's looking like the praise for "energy independence" by the Trump Administration is no more and the Administration could care less as did all past Administrations.