Mexico to Boost Crude Oil Output 45% by 2025

Discussion in 'Energy' started by Weatherman2020, Dec 17, 2018.

  1. Weatherman2020
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    Weatherman2020 Diamond Member

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  2. MarathonMike
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    MarathonMike Platinum Member

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    Anyone care to venture a guess where the bottom is on Crude Oil? I give up I thought it was $50 a barrel.
     
  3. Toronado3800
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    Toronado3800 Gold Member

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    Mexico pumping is good and bad for us. Good in that it devalues Middle Eastern Oil and I really think a poor Middle East is good for us since a rich one doesn't help. Bad in that lower oil costs shut down our wells.
     
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  4. Manonthestreet
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    Manonthestreet Platinum Member Gold Supporting Member Supporting Member

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    Ordering it is one thing, actually getting there for them is another.
     
  5. MarathonMike
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    MarathonMike Platinum Member

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    I like the idea of being able to shutoff all Persian Gulf imports if we want to. That gives us new leverage over the Middle East and possibly provides Central American migrants jobs in the Mexican oil fields.
     

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