Pemex's Crude Output Slides to 2.76MM B/D

Dow Jones Newswire via Rig Zone ^ | September 23, 2008 | Peter Millard

[thackney]

Mexican crude production slid to 2.76 million barrels a day in August owing to a steady decline in overall production and temporary production snags.

August production was down from 2.78 million barrels a day in July and 2.84 million barrels a day in August, 2007, Pemex reported on Monday.

...pipeline repairs and other operational snags hurt overall production in August, and that output should rise in September.

[thackney]

[Camel Joe]

State owned oil production has a tendency to decline, there just ain’t any point in working any harder than the next guy...

[HuntsvilleTxVeteran]

Mexico has never been a friend of our United States.

Based on old pesos!

The looters of Mexico want to have the freedom to
loot America.

After spending several years starting oil exploration
crews for Pemex, I think I have The reason Mexico has
become so bad.

I like the Mexican people in the fly over parts of
Mexico.
The mid level and workers of Pemex are good. It is
the government and the high up in Pemex that are the
vultures and looters.
The peso was about 8 cents (12.5 to a dollar).
When Pemex found the sito grande, a very large oil
pool that covers parts of the states of Chiapas and
Tabasco also a long ways into the Gulf of Mexico.

Pemex borrowed billions to produce this great oil find.
The looters (government) stole most of the money and
what they did buy was junk oil rigs and drill pipe, etc.

1,000 pesos which was worth about $80 now will not buy
a coke (old pesos).
This was due to the looters stealing billions from the
Mexican people.

Instead of overthrowing the looters the Mexican people
had an out, they had no weapons and they could cross
into America and have a much safer life.
This hurts both Mexico and America as Mexico lost some
of it’s hardest workers.
The gangbangers and welfare frauds also came over from
Mexico as they could rape and pillage at will.

The government of Mexico is propped up by the billions
sent back by the illegals and by our government having
borders that are too open.

The only chance I see to help America and Mexico is to
seal the border, deport the people who are not here
legally.
We also need to arm the Mexican people so they can have
a chance against the looters with their armies.