Mexican Company Predicts End of Oil
Mexico, Jul 27 (Prensa Latina) Petroleos Mexicanos (PEMEX) announced that oil reserves may run out in seven years.
http://www.plenglish.com/article.asp?ID=%7BF1F8B8FE-DA99-4717-8FBD-2B3C4F90FBA3%7D%29&language=EN
Wow. That means not only reduction of production but out of oil.
further reading: http://www.theoildrum.com/node/2839
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