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Hard to tell what the price of crude will do.
some suggest that fracking costs are somewhere between $45 and $75 per barrel.If the Saudis really want to get rid of frackers, at least for a while,they need to get the price below $40. That could happen, hard to say.
Either way the Saudis make money. But, even with their low cost crude they fund all kinds of stuff that cost mega bucks. Like terrorism, madrassas,other terrorist nations,diversity from crude—buying building, gold, silver, etc. since new energies will happen. Its just a matter of time etc.
The kingdom always plays all sides. They are masters of triangulation. It's how they survive, but it's expensive.

When I was first in the Permian Basin back in 2011, I was told that wells would be fracked so long as the price of crude was above $30/bbl. Consider that as technology improves completion costs reduce... plus other infrastructure has already been capitalized (not sure of debt load in general). That probably offsets inflation, rise in labor costs and such.

One thing that is axiomatic, however, is as the price for a raw commodity drops, the production cost will drop as efficiency metrics are squeezed... OR as production costs drop, more of the commodity is available in the market, and the commodity price drops.

All I can say is that is in our best interests to get the F, dash, dash, dash out of the Middle East. Let them all suicide bomb their women and children. Let them all behead each other and fight over who gets to screw the 72 virgin goats. Let the sands all be turned to glass in a nuclear holocaust, and let CHINA send hundreds of thousands of their surplus wage slaves (currently working in the novelty fake plastic dogshit factory) to police their energy supply.

“The kingdom always plays all sides. They are masters of triangulation. It’s how they survive, but it’s expensive.”

The Saudies have a major problem with Iran and Iranian supported armies. I believe they are taking “Fracking” as a viable cover to cause major harm to Iran, Libya and Iraq as well as Russia.

Saudi Arabia has a small population and they can be easily overrun - Many of their own people do not like the Monarchy and many think that would make better dictators than the current Ruling Family

I am always inpressed by your intelligence and ability to ‘splain the details

Hats off to ya

.................... again