The Self-Inflicted Downfall of Mexican Energy

The Self-Inflicted Downfall of Mexican Energy By Peter Zeihan Following its discovery in the 70s, the Cantarell oil field enabled Mexico to become a major oil producer. Decades of lax management and complacency by Pemex, Mexico’s state-owned oil company, together with the declining output of the Cantarell, has left the country with serious production problems. […] Source