Another point is that this will spur economic development, which means less disaffected Saudi youth, and ultimately, fewer terrorists. Just sayin, don't want to get into an argument with any Saudis.

It will fail and that's a good thing. The house of Saud deserves to fall.

If they want an example on how to properly use oil revenue the should take a look at Norway. Even without the oil their economy is basically just as strong as other neighbouring countries, meaning the oil is just a huge bonus. A huge bonus in the form of a pension fund for all their citizens that is.

But it is way to late for them now, they don't have enough time to transform their country into a modern economy.

Their real issue is going to be switching most of the country's workforce to private sector.
Saudis have been suckling on the oil money for a long time. A whooping 72% of working Saudis are in the government. They have to build that country from the ground up to include private sector and entrepreneurial activities.

This 2 trillion $ estimate for saudi aramco is fake/bs. The US and Russia each produce the same amount of oil like saudi arabia, even if you count all their oil companies together it wont come close at 2 trillion in revenue or market cap.

Saudi Arabia is trash. They have disgusting laws and are cruel to anyone who dare says a word against their "royal" family.

Hope they learn that we're done with their pathetic extremism. Either loosen up or expect more money to disappear

Why? And I mean, that's a real question because I don't know it. Will like to hear the story.

The biggest oil field in Saudi Arabia is considred the 7th largest in the world. That's just one field.

And that field regularly produces up to 5 billion barrels of oil a year. 

How much does US and Russia produce?

I don't get who would even want to purchase a stake in ARAMCO by now. Oil is just set for a long painfully slow decline, and unlike some other oil companies that are preparing for this decline by investing in other areas, ARAMCO is still just as reliant on oil as Saudi-Arabia's economy...

They have deposits to sustain their economy for another century. The problem is that they never prepared for post-oil glut from the West and oil sufficiency from Asian giants. 

Everything is happening at a fast pace when shale oil technology is rapdly evolving and spreading worldwide.