$this->bbcode_second_pass_quote('', 'T')he leftist militant group Democratic Revolutionary Tendency-People’s Army (TDR-EP) released a video message last week opposing the privatization of Mexico’s state-run oil company Petroleos Mexicanos (Pemex), an idea currently being debated in Mexico City. TDR-EP previously claimed joint responsibility for a series of small bombings in Mexico City in November 2006, though the group’s operational role in the incident is considered to be small to nonexistent. However, the statement echoes a recent message by the Popular Revolutionary Army (EPR), which carried out several successful attacks against Pemex oil pipelines in 2007.
While President Felipe Calderon’s proposed energy reform plan has stirred up heated political debate, it also has the potential to spark a new round of pipeline attacks. Pemex increased its security at many of its facilities in 2007, but the EPR attacks against remote pipelines demonstrated that it is impossible to protect all of the company’s infrastructure. Aside from an unclaimed bank bombing in Mexico City on March 30, EPR has been noticeably — and inexplicably — inactive since the last round of Pemex attacks Sept. 10, suggesting that the group has lost members or resources, affecting its capabilities. However, the intensified debate over energy reform might be all that is needed to begin planning the next attack.
PeakOil is You
PEMEX Mexican Oil Thread
Re: Mexico: Pemex and Cantarell News And Discussion Thread
by UncoveringTruths » Wed 16 Apr 2008, 13:00:09
Mexico Security Memo: April 14, 2008 Subscription required at Stratfor
It's a cold cold world when a man has to pawn his shoes.
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Re: Mexico: Pemex and Cantarell News And Discussion Thread
by frankthetank » Fri 18 Apr 2008, 01:21:36
Newsweek-
$this->bbcode_second_pass_quote('', 'O')n the back of Cantarell's decline, total output from Pemex is sliding; some even worry that Mexico could become a net importer of oil in the next decade or two. They're probably wrong, but even the idea makes people nervous.
$this->bbcode_second_pass_quote('', 'O')n the back of Cantarell's decline, total output from Pemex is sliding; some even worry that Mexico could become a net importer of oil in the next decade or two. They're probably wrong, but even the idea makes people nervous.
$this->bbcode_second_pass_quote('', 'T')he odds are that Calderon will make some reforms but won't transform Pemex. And that outcome, multiplied through state-owned oil companies around the world, suggests that oil output will increase only sluggishly. With demand still strong, oil prices are set to stay high for some time.
Not any mention on how much oil Mexico exports to the US (and how we will make they up). Not much mention of what the Mexicans will do with a huge loss of income.
http://www.newsweek.com/id/132601/page/1
lawns should be outlawed.
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Re: Mexico: Pemex and Cantarell News And Discussion Thread
by Tanada » Fri 18 Apr 2008, 08:19:47
$this->bbcode_second_pass_quote('frankthetank', 'N')ewsweek-
$this->bbcode_second_pass_quote('', 'O')n the back of Cantarell's decline, total output from Pemex is sliding; some even worry that Mexico could become a net importer of oil in the next decade or two. They're probably wrong, but even the idea makes people nervous.
$this->bbcode_second_pass_quote('', 'O')n the back of Cantarell's decline, total output from Pemex is sliding; some even worry that Mexico could become a net importer of oil in the next decade or two. They're probably wrong, but even the idea makes people nervous.
Not any mention on how much oil Mexico exports to the US (and how we will make they up). Not much mention of what the Mexicans will do with a huge loss of income.
When was the last time Newsweek was right on any energy issue? The whole Oil Glut series they did back in the 90's always comes to mind when they start acting as if they know what they are talking about.
Given the depletion rates from Cantarell unless the Mexican government corporation Pemex finds a field just as large darn quick they are past country peak and on the road to rapid decline.
$this->bbcode_second_pass_quote('', '[')b]Could become a net importer in the next decade or two...
What drug are they on over at Newsweek?
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
