It seems the move by Saudi Arabia’s Crown Prince Mohammed bin Salman to arrest members of the royal family and their business associates in a corruption crackdown is proving to be wildly popular among the Saudis young population. Yet, at the same time, it is adding a new sense of an oil price risk against a backdrop of a tighten global petroleum market.

Most Saudi citizens are in their 30’s and have grown to be upset with the lavish lifestyles of the multitudes of royal family members and cousins while they struggle to make ends meet. The move by bin Salman to purge and drain the Saudi swamp is playing well at home even as it raises fears internationally of a potentially unstable Saudi Arabia, a long time American ally.

It also raises concerns about a more aggressive Saudi Foreign policy that could lead to an expansion of the war in Yemen as well as a direct confrontation with Iran. The Saudi’s say a missile strike from Yemen on the capital of Riyadh was from Iran and that they would soon respond in an appropriate manner. Concern that an escalation of the War in Yemen could directly impact oil routes and even Saudi or Iranian oil production. Not to mention the risk oil of transportation through the Strait of Hormuz or the Bab el-Mandeb Strait.

Yet, even without the Saudi oil drama, the fundamentals for oil are exceeding bullish. Oil supply and product supply are draining at a record rate as demand goes on a surge that cash-strapped shale producers can’t keep up with. Huge decline rates on shale and the inability to raise cash or get frac crews are creating a logistical nightmare making it difficult if not impossible to respond quickly to the current market situation.

Still, U.S. shale producers still say that they can have their cake and eat it too. Reuters reported that U.S. shale producers are telling investors, impatient for better returns, that they can keep boosting oil output aggressively and do so while still making money for shareholders.