Posts Tagged ‘ Mexican Oil ’

Mexico’s Crashing Oil Industry

Aug 9th, 2010 | By | Category: Featured, International, Oil
Mexico is a critical oil supplier to the United States. But Mexico’s ‘s oil industry is in crisis. Indeed the grim numbers come from no less a source than the Mexican Energy Ministry. Production statistics make it clear that Mexico’s overall oil output is declining rapidly — with the word ...read more


Mexican Oil

Jul 2nd, 2008 | By | Category: Oil
In March 1971, a Mexican fisherman named Rudesindo Cantarell appeared at the offices of the state-owned oil company Petróleos Mexicanos (Pemex) in southern Mexico. Cantarell had a complaint. He believed that Pemex had spilled oil near his favorite fishing spot in the Bay of Campeche. The oil had ruined several ...read more