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-   -   This could be bad... (http://www.clubcobra.com/forums/lounge/103934-could-bad.html)

joyridin' 04-13-2010 01:12 PM

This could be bad...
 
http://www.dailywealth.com/1323/One-...-Is-Going-Bust

Snip:

Most Americans don't realize it, but Mexico is a major player in global oil production. According to the Energy Information Agency, it was the seventh largest oil-producing country in 2008. Mexico is the U.S.'s second-largest source of imported oil, behind Canada.

You read that correctly: We import more oil from Mexico than we do Saudi Arabia, Iraq, Kuwait, or any other Middle Eastern country. You don't read about it much in the papers, but Mexico is a critical supplier to American drivers.

Production peaked in 2004 at 2.1 million barrels per day, which accounted for 64% of total oil production at Mexico's state-owned oil company, Pemex. But years and years of mistreating the golden goose has left its world-class oilfield in a sorry state of underproduction. Oil fields are like children... you have to take care of them and invest in their future.

Jamo 04-13-2010 02:08 PM

I've said it more than a few times: We need to invade Mexico.

Donkey shows a bit better than camel shows.

Silverback51 04-13-2010 04:51 PM

Quote:

Originally Posted by Jamo (Post 1043913)
I've said it more than a few times: We need to invade Mexico.

Donkey shows a bit better than camel shows.


Have to admit, the donkey did not seem to mind.:eek:


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