Mexico to Boost Crude Oil Output 45% by 2025

[Weatherman2020]

Drill baby, drill!

Mexico aims to boost crude output by 45 percent before 2025

 

[MarathonMike]

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

 

[Toronado3800]

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

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.

 

[Manonthestreet]

Ordering it is one thing, actually getting there for them is another.

 

[MarathonMike]

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

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.

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.