Thursday, June 21, 2007

From http://lifeaftertheoilcrash.net

It is known that Mexican oil production is down. As Mexico is dependent on their income from oil, Mexico will be in trouble soon. As Mexico is important not only to the US but as well south of their border, some impact most probably will be felt north and south (Central America).

Quote
. . . even if NOTHING HAPPENS in any of the critical oil areas to
reduce supply and cause a Superspike (fast price rise = fast
collapse onset), Mexico's Cantarell Field is falling at 15% a year.
That's a fact. Additionally, Mexico derives 60% of its social
services from that oil wealth by selling it out of the country for
hard currency and food. Without the oil being exported, Mexico
can't support enough of its social services to stave off the
Socialists who nearly won the last election, in which each side got
51% of the vote. Yes, each side.
Do the math....
Okay, that means there was vote fraud, and both sides are eyeing
each other suspiciously and guns are being passed around, knives
sharpened, bombs build and ammo stockpiled. Mexico is a
powderkeg and its last revolution a century ago was ineffective at
resolving its problems of endemic poverty and corruption. So even
a small decline in social services is enough to spark revolution. The
Cantarell field will stop exporting oil sometime in the next 12-18
months and due to legal mess of Mexico, foreign investment is
impossible. So Mexico is up the proverbial creek without its
proverbial paddle
Unquote
To access click on link below or on link on the right hand side (favorite links)
http://lifeaftertheoilcrash.net

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