You Won't Believe What Saudi Arabia's Oil Production Cost Is

Saudi Arabia doesn't have the US EPA and others trying to sue them out of business. North Dakota has a combined 11.5% production and severance taxes, state income tax would raise that even more for companies and individuals. Aramco, owned by the royal family basically bankrolls the Saudi government and the Saudi government gives their people a stipend to live on. If you consider that if Aramco didn't fund their government, Saudi Arabia would cease to exist, as Saudi Arabia.