They bleed out savings while slowly ramping back down to the vicinity of the levels that they handed out 15 years ago. This is a traumatic process, sure - but

They bleed out savings while slowly ramping back down to the vicinity of the levels that they handed out 15 years ago. This is a traumatic process, sure - but it's not like they were uncomfortably poor 15 years ago, and they (unlike some others, I'm looking at you Venezuela) have plenty of buffer with which to keep their populations comfortable until a few years after their rivals stop drilling.