Energy descent and transition in Mexico, part 1

Unlike many oil companies, PEMEX has been comparatively open with its data. Therefore the state of Mexican oil reserves was well known to geologists quite some time before the peak actually occurred in 2005/ 2006. In November 2003, this delicate situation was announced and discussed in the ASPO Newsletter (1).

The rapidly changing economic and socio-political situation in this large and diverse country within the last two and a half years has taken everyone apparently