Doubtful.
Of the 1-3 billion gallons of oil there, less than 10% can be taken out. That's still a lot of petroleum but the price of getting it out of the ground can cancel profits.
I'm going to wait and see what the Texans do. They've been in the "awl bidness" for a long time.
The Saudis are the ones with all the petroleum. Their country was a graveyard of dinosaurs and thus rich with the black gold. Thank goodness the Americans got in there in the 1920's and bought all the petroleum rights.
The rights were sold BACK to the Saudis in the early 1980's and they paid a pretty penny riyal for it.
Since then the King/Prince have been making $1 billion dollars every 2-3 days. I can't fathom that kind of money.
No reason for any Saudi to be nervous.