I don’t disagree, just probably the worst spokesperson on the planet to make this point.
There’s the rest of the world out there, where these guys are nowhere near irrelevant.
We're at a significant point now, BTW. A few months ago, renewables reached 100% of the energy market growth, with installation rate (= market share) still doubling. It's in the single per cent of total market and doubling, and all further increase in the rate of renewable installation is also a contraction in the oil market.
"The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year."
"In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil."