[thackney]

A Pemex official stated that the contract cancellations will not cut oil output

Maybe not immediately, but certainly in the long run, if the work is not replaced by others.

[CMailBag]

And they are ALL heading North.

[IllumiNaughtyByNature]

So ND and TX are going to get an influx of O&G laborers?

[SoothingDave]

An internal Pemex memo sent out on January 2 and seen by El Financiero newspaper decreed the termination of all technical personnel and outsourcing because of cost costs.

I hate cost costs.