Thursday, January 25, 2007

Dark Days for Mexico

This is a stunning article detailing the problems with Mexico's oil industry. Amazingly, they are publishing information that the Cantarell field will last ONLY another 9 years and 8 months, and we get the details as to how that is being accomplished. Already, the government is gearing up for spending cuts if prices fall further. If we find a new wave of immigrants on our doorstep, we'll have an idea why.

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