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Reply #4: Cantarell is tanking. Virtually no money for future investment. [View All]

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Home » Discuss » Topic Forums » Environment/Energy Donate to DU
Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-14-07 12:23 PM
Response to Reply #2
4. Cantarell is tanking. Virtually no money for future investment.
expect, not just energy problems in Mexico, but major problems here, since they are the second largest non- opec importer of our oil, behind Canada.

I see in the very near future, Mexico pulling back on imports to keep it for themselves. Then I see, us cutting our imports of corn to Mexico as retaliation. (kind of already happening with the over production of ethanol here in the states).

Those that live in border states (such as myself) will feel the first pangs of oil shortages.
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