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You cannot tell another country at what price to sell their oil. Simple supply and demand. OPEC restricts production, prices rise. They raise production, prices fall. The only alternative is to saturate the market place to bring the prices down. (This, of course, does not bring into consideration natural disasters and political unrest.)
Hmmm....how can we do that? Sadly, we don't have the production capacity to do anything about it, and while I won't go into discussion of those I beleive responsible for our inability to produce domestic oil, the only solution to ensure the free flow of oil to meet our needs is to produce oil domestically.
Anyone who wishes can go read various information at the USGS website, and I have in the past, but there is a whole mess of oil we could access in a wide variety places domestically.
Aside from that, though, I believe the shortest and most practical answer lies in the trillions of tons of shale throughout the rocky mountains. If I recall what I've read correctly, shale oil can be extracted at a cost (to the purchaser) of about $90/barrel. That will cap what the price of oil is coming from foreign sources. What needs to happen is development and streamlining of existing processes to enable extraction more inexpensively. Should we lower what it costs to extract that by 20%, OPEC then has incentive to raise their production limits to lower the costs to again be significantly below that production cost of shale oil, making it impractical from a profit standpoint to continue to pursue shale oil.
My personal favorite, though, is US investment in Mexico oil exploration and production, They have a hell of a lot of oil, so if they become a major player in the oil market, they have more money locally, and Mexican citizens can find work in Mexico, solving their economic problems as well as our illegal immigration problem.
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