Reprieve For PEMEX
Of course this does not make the news north of the border - IT AIN'T POLITICAL MUD! A foreign owned petro exploration company has found a new giant shallow depth (easy to recover) oil field. Hundre...
Forum Discussion
I tried to copy and paste on the Samsung, but nothing appears when I go to paste. An older image perhaps but repeated attempts at doing it with the address bar fails. So does my memory dealing with a 17 digit alpha-neumeric stew.
Anyway so much for those above links. The information content is right out of Alice In Wonderland. There is a few hundred million barrels of genuine recoverable new oil discovered. Not a billion. My source, Luis, is going back to work after a six month layoff. As a Pemex engineer he is privy to official in-house not public relations baloney Pemex information.
It is heavy Maya crude. Hard to refine. But Pemex has a swap underway for USA fracked oil.
Hot Air Dept. Presidential candidate Andres Manuel Lopez Obrador is breathing political fire about "Rebuilding Pemex Refineries". The man is everything close to a shoo-in for president new year. Nothing was said about arresting and imprisoning the 100 most corrupt Pemex union leaders.
Bottom line. Less chance of a genuine Mexico financial crisis for the next decade.
Anyway so much for those above links. The information content is right out of Alice In Wonderland. There is a few hundred million barrels of genuine recoverable new oil discovered. Not a billion. My source, Luis, is going back to work after a six month layoff. As a Pemex engineer he is privy to official in-house not public relations baloney Pemex information.
It is heavy Maya crude. Hard to refine. But Pemex has a swap underway for USA fracked oil.
Hot Air Dept. Presidential candidate Andres Manuel Lopez Obrador is breathing political fire about "Rebuilding Pemex Refineries". The man is everything close to a shoo-in for president new year. Nothing was said about arresting and imprisoning the 100 most corrupt Pemex union leaders.
Bottom line. Less chance of a genuine Mexico financial crisis for the next decade.
