Mexico Oil Exports Down 18%

May 23, 2009 18:10

Crude export volumes tumbled to 1.177 million barrels per day as yields at Mexico's aging Cantarell field continued to plummet, state oil monopoly Pemex said today.

Article: http://www.upstreamonline.com/live/article179174.ece

peak oil

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theheretic May 24 2009, 04:55:09 UTC
What about Brazil? They proved themselves braggarts and liars back in 2007-2008, remember? They drilled ONE WELL and then claimed a huge field. A scientific test requires multiple wells to verify the find, particularly since you CAN'T SEE below salt domes, where this oil is alleged to come from. So it was a lie, and the fact that there's not lots of good news about the other wells hitting oil and it gushing out and sinking platforms and spreading into the sea like you'd find with a true supergiant field, well, that's rather unfortunate factual evidence isn't it? Could they have a supergiant field after all, and just be hiding that better despite making a killing on their stock when they bragged about this supergiant field, then collapsed when they admitted they DIDN'T have enough wells to verify? Well, sorry. Its a credibility problem, at this point. They're not as bad as the Saudis, who lie when they say so much as "Hello", but their interests are in manipulating their stock value, not releasing truth to the public or investors. Petrobras deserves derision, little more.

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20thlvl_rogue May 24 2009, 06:03:48 UTC
Leave speculation about oil deposits they may have aside.

Instead focus on the oil export and import percentages, these are readily apparent to all and shouldn't be too hard to find.

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theheretic May 24 2009, 06:09:40 UTC
Sure, but its another 3-4 years before that field, if it exists as claimed, will produce a drop of oil to the marketplace. It takes 5 years, remember.

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20thlvl_rogue May 24 2009, 06:19:40 UTC
Leave speculation about oil deposits they may have aside.

Instead focus on the oil export and import percentages, these are readily apparent to all and shouldn't be too hard to find

What were their oil exports/imports in 2006, 2007, and 2008?

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sirveri May 24 2009, 12:47:10 UTC
It is possible to do your own research on the matter rather than asking three times for it to be handed to you on a silver platter.

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20thlvl_rogue May 25 2009, 01:27:46 UTC
The question was a rhetorical one my good sir, and I wouldn't have asked it repeatedly had it not been evaded.

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theheretic May 25 2009, 01:38:46 UTC
Really? Then I'll answer directly once more. The Brazilians are untrustworthy, like the Saudis, and I would not believe their claims. You are welcome, as was suggested by Sutek, to do your own research and post your discovery and analysis in a brand-spanking-new post of your own.

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20thlvl_rogue May 25 2009, 05:24:55 UTC
There's no need to believe their claims. These are exports for years already gone by, this isn't top secret data known only by the Brazilians. Exports of goods require importing countries and in general it's very transparent available data.

This is why I said they were "readily apparent to all".

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theheretic May 25 2009, 06:28:56 UTC
My post was about Mexico. Do your own post about Brazil. Please. I wanna read all about it. Show us your leet research and composition skills instead of demanding via the reply link.

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