Saw this on the Oil Drum this afternoon The original article appeared in the LA Times today. Production at Cantarell, the world’s second-largest oil complex, in the shallow gulf waters off the shore of Mexico’s southern Campeche state, averaged just over 1.8 million barrels a day in May, according to the most recent government figures. …
Continue reading “Mexicos largest oil field starts to decline?”
I have an Iranian friend with whom I often chat online. She’s a recent immigrant to Vancouver from Iran. She is studying at one of the Universities here. Now that classes are over, she is headed back to Iran to visit family and friends. (Her parents have immigrated here as well). Our conversation veered today …
Because it is a continuation of the problem, so some tax will come off. So what? The price of crude will continue to rise, and quickly make up the difference. It’s not “relief” it’s a vote grab. By lowering Gas Taxes we are in effect saying. “We do not like to pay high prices for …
