Mexico’s Brick Wall

How steep is the coming brick wall?
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Basically, opening the southern Gulf of Mexico Deepwater will do no more than temporarily slow the decline, producing a new plateau from 2011 and beyond.
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What does this represent? It is nearly 2% of current world production. The loss of that production will keep the upward pressure on prices It is scenarios like this, which clearly illustrate the energy crisis that the world is about to experience.
G. R. Morton