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October 23, 2007

LATOC: mexico admits their oil peaked...

LATOC:
"Mexican
President Felipe Calderon is delivering a grim message: The largest oil
producer in Latin America is running out of crude. "Our oil reserves
have been consistently falling," and the decline is "severely
threatening'' government finances, Calderon told a nationwide
television audience in an address last month at the National Palace."  continue reading.

Posted by Martin at October 23, 2007 2:00 PM

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