Posted on 11/03/2007 6:23:13 PM PDT by shrinkermd
Villahermosa, Mexico (AHN) - Mexican President Felipe Calderon on Friday warned it would take time to rebuild what has been devastated by the non-stop flooding plaguing the country, including the oil industry, which was crippled by the catastrophe.
"The storms have forced the closure of three of Mexico's main oil ports, preventing almost all exports and halting a fifth of the country's oil production. It has a strong economic impact" Calderon said in an interview.
The storm did not spare the Bay of Campeche, Mexico's main oil producing region and home to more than 100 oil platforms.
Overall, the region normally exports about 1.7 million barrels of crude daily. Since, most of the production remains shut down, it would mean that Mexico's output would drop by 2.6 million barrels a day.
The heavy floods that started last week also forced an oil platform into another rig in the Gulf of Mexico, where at least 21 people were reportedly killed.
(Excerpt) Read more at allheadlinenews.com ...
Sure ... they’ll just push the oil price up higher
- just for spite.
“Overall, the region normally exports about 1.7 million barrels of crude daily. Since, most of the production remains shut down, it would mean that Mexico’s output would drop by 2.6 million barrels a day.”
I have an idea open up anwar and the coasts and no problamo
We knew this one was coming.
Nope, Wrong. It’s for Herself the First of Charlatan.
UH OH... I guess we get 100+ crude Monday.
I’ve been to Villahermosa. The population in the city center is about 75% male, most of whom come to work in the oil fields. Not a very nice place (basically the Linden, NJ of Mexico), but important in terms of supplying petrol to the Western Hemisphere. Severe weather in this area is not a good thing...
Of course it will take them a while to fix it. All their labor is in the US illegally.
bttt
$100 OIL ANYONE?
This is symbolic in what Mexico is doing to us. They’re like a flood pouring over all the land they walk on, raping its resources, then moving on to the next.
Quite frankly, I have absolutely no sympathy for them.
God forbid we just take Iraq out of OPEC and pump up production over there to 110%. No, that would be too much in our best interests. Let’s instead waste a trillion dollars on the impossible fantasy of “Arab Democracy”.
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