Thursday, August 2, 2007

Mexican oil fields

If Mexico starts importing oil, then our available oil supplies in the U.S. will be seriously affected. Currently Mexico is our second largest source of oil--slightly bigger than Saudi Arabia. But since Cantarel (the largest oil field in Mexico) production has begun declining, there's a very strong liklihood that Mexico's oil exports will decrease significantly in the next few years. Meaning...peak oil is probably upon us. Bring out your bikes, everyone, and plant your gardens, and get to know your neighbors. Life is about to change.

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