Mexico: Top Oil Producer, Is Running Out
www.iht.com
 "Our oil reserves have been consistently falling," and the decline is "severely threatening" government finances, Calderón told a nationwide
television audience in an address last month at the National Palace. That is the same place where seven decades earlier Lázaro Cárdenas cemented the
anti-U.S. legacy of his presidency by nationalizing the oil industry.
Mexico was the sixth-biggest producer last year, after Saudi Arabia, Russia, United States, Iran and China, down from fifth in 2005, according to the
Energy Information Administration. In 1921, Mexico was No. 2. (visit the link for the full news article)
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The article goes on to discuss how this is hurting the Mexican economy and gives some stats about factors involved. Also,
their growth rate, economically, was hurt by this after 5 years
of steady growth of around 4.5%.
www.iht.com
(visit the link for the full news article)
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When I was younger, before I had a family, I would have looked forward to seeing society as we know it collapse when we run out of oil. Now, it
scares me. It really feels like we are living for today and completely damning tomorrow. It is staggering to see how little effort seems to be put
towards getting away from oil.
You would think that if we put a portion of the money that we keep throwing into Iraq / Saudi / Israel..... and put it toward a genuine effort at
developing alternative energy, that this wouldn't even be a cause for concern. However, the worlds economy depends on oil.
Weather we run out of oil or we create an alternative and eliminate the need for it, we will most likely come to the same result of a global economic
disaster.
Depressing times. Ignorance really is bliss.
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Interesting reply and I agree w/ you completely aside from the pronoun "we" use.... we can't do anything but sit back as (con)sumers and watch it
all happen. Unless you're in business, engineering or science -- this is our fate!
Sickening as that sounds, probably true. I hear you about throwing money away in the U.S. -- almost half a $trillion to kill Iraqis to date. How can
the deficit hit $9 TRILLION you ask?! Well, put Druggie Jr in charge of your country, he's got absolutely NO morals, standards, care or concern for
anyone -- you want a country ruined, a Bush can do that for you.
[edit on 23-10-2007 by anhinga]
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 Originally posted by anhinga
I hear you about throwing money away in the U.S. -- almost half a $billion to kill Iraqis to date. 
It's actually almost half a Billion PER DAY. $650,000,000,000.00 to date and all borrowed money that's not even included in our myriad of other
account deficits.
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...my mistake, I updated the post -- I look at the stats so often, it starts to blur since those figures start to sound meaningless, that's probably
what *they* say about the money! Meaningless! Well, it's far from that; will be an interesting winter, to say the least, here on the US east coast.
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This was first reported back in August. Of course now we're nearly 3 months further down the road. I'm sure people will still act shocked when we
see news next year that Mexico's imports to the US are tapering off to nothing.
Previous ATS Topic: Mexico - Only 7 Years of Oil Left
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