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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (3297)12/2/2005 4:56:52 AM
From: Wharf Rat  Read Replies (1) | Respond to of 24206
 
Mexico peaking?

OilCast.com #28: Pemex exclusive 'We are in the middle of Hubbert's curve'
Posted by Prof. Goose on Thu Dec 01 at 2:58 PM EST

Oilcast.com today breaks an exclusive interview with a senior engineer from Mexican state oil company Pemex, who says "the days of the Mexican super giants are over." He claims Pemex is in the "doorway of depletion" and "in the middle of the Hubbert curve." (You can also just read the transcript in the right sidebar if you wish.) Link: oilcast.com.

theoildrum.com
comments...
Mexico peaking in 2006 has been predicted for a while, but this engineer is predicting 10 - 20 production decline rates! That's the real bombshell here.