[Twilight]

$this->bbcode_second_pass_quote('Denny', 'S')ure, let's blame the Mexcian government, rather than say the gloomy words that peak oil has arrived south of the border big time.

[smiley]

$this->bbcode_second_pass_quote('', ' ')'World Energy 2030 Politically Acceptable Scenario.xls',

[shortonoil]

pstarr said:

$this->bbcode_second_pass_quote('', 'N')ot so. $500/b Petroleum is a good investment.

[sameu]

$this->bbcode_second_pass_quote('shortonoil', '')$this->bbcode_second_pass_quote('', 'I')'m sure that in the EIA forecast department they have a bunch of monkeys throwing darts at a spinning wheel.

[Starvid]

The worst thing is that an awful number of very serious and clever people who know nothing about energy actually believe EIA projections.

"Rebound to 3.5 mbpd", yeah right, and the US will soon rebound to and beyond it's 1971 peak.

[lexicon]

Of course! They'll just pull another Cantarell from out of their sleeve! That's the ticket!

[Newsseeker]

$this->bbcode_second_pass_quote('Ayame', 'I')'m sure that in the EIA forecast department they have a bunch of monkeys throwing darts at a spinning wheel.

[Gazzatrone]

$this->bbcode_second_pass_quote('Twilight', ''')World Energy 2030 Politically Acceptable Scenario.xls',

[fluffy]

$this->bbcode_second_pass_quote('Denny', '')$this->bbcode_second_pass_quote('EIA', '
')
The Energy Information Administration said in its 2007 International Energy Outlook that Mexican oil production is expected to decline to 3 million barrels per day by 2012 before gradually rebounding to reach 3.5 million bpd by 2030.[/i] ".

[Twilight]

Bury the figures, bold the abstract, as students always say...

[jedinvest]

This seems like a huge confidence game. Wouldn't we (not we, but everyone else 'WE') be better off just admitting that oil will run out?? Does someone, in positions of power, think that the collective WE cannot handle this piece of news?? Worst yet, are THEY secretly planning to DO something about it once TSHTF?? Is this WHY:

1. We are in Iraq guarding what oil is left, although good luck trying to pump it out.
2. Even our national guard is now under federal control. What do THEY intend to do with us??
3. Oh, California just authorized more prison contruction. Could come in handy someday very soon!

[DantesPeak]

People's Revolutionary Army, or EPR, a tiny group that has largely been inactive in recent years, has claimed it was behind a series of oil and natural gas pipeline blasts in Mexico.


$this->bbcode_second_pass_quote('', 'M')exico Confirms Attacks on Gas Pipelines
By MARK STEVENSON 07.10.07, 5:55 PM ET

Mexico's government said Tuesday that a series of gas pipeline explosions were attacks aimed at weakening the nation's democratic institutions after a small, leftist rebel group claimed responsibility.

The Interior Department said it was stepping up security at "strategic installations" across Mexico after an explosion Tuesday at a pipeline run by the state-owned Petroleos Mexicanos, or Pemex, and two other blasts that rocked gas ducts on Thursday. No one was injured in the blasts.

[jeffvail]

I'm surprised there aren't any responses on this news item yet. I think it's very significant--thanks for highlighting it. I wrote a piece over the weekend on the decline of the Nation-State in Mexico that will be up on the Oil Drum probably Thursday. This is a problematic development--there are already enough "above ground factors" causing problems for Mexican oil production, the last thing they need is a Nigerian-style infrastructure insurgency...

[DantesPeak]

$this->bbcode_second_pass_quote('', 'M')exico Vows to Step Up Security
Following Gas-Pipeline Attacks
Associated Press
July 10, 2007 8:51 p.m.

MEXICO CITY -- Mexico's government on Tuesday called a series of gas-pipeline explosions a threat to the nation's democratic institutions and vowed to step up security after a guerrilla group claimed responsibility for the blasts.

The Interior Department said it would take measures to protect "strategic installations" across Mexico after an explosion Tuesday at a pipeline run by the state-owned Petroleos Mexicanos, or Pemex, and two other blasts that rocked gas ducts on Thursday.

"The Mexican government categorically condemns the attacks against Pemex facilities. This criminal conduct aims to weaken democratic institutions, the patrimony of Mexicans and the safety of their families," the statement said.

While officials said investigations were continuing into the cause of the blasts, the statement by the Interior Department -- responsible for domestic security -- came a short time after a small guerrilla group said its members had planted explosives on the pipelines.

[DantesPeak]

$this->bbcode_second_pass_quote('jeffvail', 'I')'m surprised there aren't any responses on this news item yet. I think it's very significant--thanks for highlighting it. I wrote a piece over the weekend on the decline of the Nation-State in Mexico that will be up on the Oil Drum probably Thursday. This is a problematic development--there are already enough "above ground factors" causing problems for Mexican oil production, the last thing they need is a Nigerian-style infrastructure insurgency...

[Jack]

It appears the games afoot, and we're about to experience interesting times. High corn prices won't help - but the desire for ethanol won't let them go down.

[Eli]

Ok I am going to play devil's advocate here.

This may not be that big of deal at all.

How much gas do the pipelines supply? Where exactly were the attacks?

[DantesPeak]

$this->bbcode_second_pass_quote('Eli', 'O')k I am going to play devil's advocate here.

This may not be that big of deal at all.

How much gas do the pipelines supply? Where exactly were the attacks?