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Governments are instituted among Men,
deriving their just powers from the consent of the governed,
That whenever any Form of Government becomes destructive of these ends,
it is the Right of the People to alter or to abolish it,
and to institute new Government

Thursday, July 13, 2017

Significant Oil Discovery off Coast of Mexico

An international consortium of oil companies has struck oil in shallow waters off the coast of Mexico in what could be one of the five largest discoveries in the past five years, and among the top fifteen in the last two decades. The find could be good for 1.4 to 2 billion barrels of light crude. . . .
This is a big win for Mexico, which two years ago decided to allow private companies to participate in energy projects. If this find turns out to be as significant as early indicators seem to have it, expect even more international companies to get interested.
It’s also yet another reminder of just how off the “peak oil” prognosticators have been. This is a substantive find of easy to process light crude in shallow waters; no fracking or next-gen technological requirements will be necessary to exploit it. Greens may not love it, but the age of oil appears to not quite yet be over.
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posted by Pastorius at permanent link#


Anonymous Anonymous said...

Good ...now Mexico can support their freeloaders we are about to send back to them...

Top Trump official warns special immigration status may end soon for a million people

President Donald Trump’s top immigration official warned Hispanic members of Congress Wednesday that over a million people living in the United States under a special protected status could soon be placed in line for deportation.


Thursday, July 13, 2017 7:59:00 pm  
Anonymous Anonymous said...

More Christian than Muslim refugees admitted to the US in first months of Trump administration than under Obama.

Thursday, July 13, 2017 8:01:00 pm  
Blogger Always On Watch said...

Good ...now Mexico can support their freeloaders we are about to send back to them...

And pay for the wall!

Friday, July 14, 2017 2:24:00 am  
Blogger Pastorius said...

If you read the article you will see Mexico only started finding oil when they opened up their oil industry to foreigners.


Friday, July 14, 2017 2:54:00 am  

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