To: Flavius
The company's main shallow-water Cantarell oil field off the Gulf coast is slowly running out of oil, Not quite. It's collapsing at about 15% per annum. The Mexican government takes about $70billion per year from Pemex to fund its social problems. You can imagine the mess that is going to hit Mexico in the next 5 years when there's no more oil money. Best start building that fence, guys.
4 posted on
03/17/2007 4:14:10 PM PDT by
alnitak
("That kid's about as sharp as a pound of wet liver" - Foghorn Leghorn)
To: alnitak
"Not quite. It's collapsing at about 15% per annum. The Mexican government takes about $70billion per year from Pemex to fund its social problems.I'm amazed. I thought Mexico shipped all their social problems North for us to pay for.
6 posted on
03/17/2007 4:25:48 PM PDT by
holyscroller
(A wise man's heart directs him toward the right, but the foolish man's heart directs him to the left)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson