Quote:
Originally Posted by ChicagoMark
Mexico is near economic collapse. Their most valuable export, oil, is in serious decline. Exports are down big. This is the money the government uses to keep the peace. Now that money is rapidly declining.
Mexico's oil production fell 6.4 percent in the first two months of the year compared to the same period in 2007, while exports fell by more than twice that much, the state-owned oil company reported Monday.
Mexican oil production is a concern for U.S. | theadvertiser.com | The Advertiser |
It's too bad they nationalized the oil industry in Mexico in 1938 are made it illegal to partner with private companies to gain the technology needed to explore the deep waters.
Because if they hadn't already done that, they could learn from the Democrat Party here in the US and call for nationalizing the oil industry.
