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To: thackney

This oil field is dying and the Mexicans have pissed away the wealth like most oil producing nations do.

Stupid libs - a large part of America’s wealth was generated by our abundant energy supplies which are still abundant but the Dems and O are owned by the Saudis.,


2 posted on 03/03/2009 10:15:59 AM PST by Frantzie (Boycott GE - they own NBC, MSNBC, CNBC & Universal. Boycott Disney - they own ABC)
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To: Frantzie
There's little doubt another Mexican oil field exists. Don't they'll find it without help from outside Mexico.
3 posted on 03/03/2009 10:19:23 AM PST by Eric in the Ozarks
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To: Frantzie

Like many government monopolies or government-owned enterprises, PEMEX has been notorious in the oil industry for failures in the areas of basic petroleum engineering and reservoir management. Overall, they are little better than the old Soviet oil fields that had to have Western help to rejuvenate upon the breakup of the USSR.


9 posted on 03/03/2009 11:39:11 AM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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