Mutualism can take on many forms: Symbiosis: in which both organisms live together in closely proximity, and in which both generally derive benefit. The relationship is obligate, meaning at least one of the species must be involved in the relationship to survive.
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From an economic point of view, the Saudi oil industry can indeed weather sustained low prices much better than all its competitors because it produces the most oil at the lowest cost, giving it the short-term advantage. Most Saudi and other Persian Gulf oil has a marginal cost of $10 to $20 a barrel.Some U.S. producers will be priced out, but even before them, many more will be in Canada, Latin America, Africa and the North Sea, which are arguably even more exposed. But how the oil markets will stabilize is unpredictable.rom an economic point of view, the Saudi oil industry can indeed weather sustained low prices much better than all its competitors because it produces the most oil at the lowest cost, giving it the short-term advantage. Most Saudi and other Persian Gulf oil has a marginal cost of $10 to $20 a barrel.