Well, it costs them virtually nothing to extract, which is why they are able to sustain such low prices for such a long time. In the long run they are screwed

Well, it costs them virtually nothing to extract, which is why they are able to sustain such low prices for such a long time. In the long run they are screwed by the Dutch disease. They don't create anything apart from oil, so once demand dries up, their exports shrink 90% and their economy shrinks 55%. This probably means violent revolution as well as impoverishment.