Tuesday, May 13, 2003

PEAK OIL

Fromthewilderness:
Mexicans Outraged by Immigration/Oil Move
JOHN RICE
Associated Press

Posted on Sat, May. 10, 2003

MEXICO CITY - A move in the U.S. Congress to link immigration with opening up Mexico's state oil company to U.S. investment has outraged Mexicans, and newspapers Saturday accused American lawmakers of arrogance and blackmail.

"May 11, 2003, 0100 PDT (FTW) --Mexico passed its peak of oil production in the 1980s. Its nationalized oil company, Pemex, controls both the oil and natural gas resources of our Southern neighbor. Soon Mexico will not have enough natural gas to meet even its own needs, let alone exporting it to the US. As the Empire's oil reserves shrink and as its natural gas reserves approach empty, with Canadian tar sands development proving to be an economic and ecological disaster, the realities of diminishing hydrocarbon energy supplies are starting to hit home. Once more the Empire's fig leaf is removed as the House International Relations Committee tells Mexico, “If you want better immigration laws, give us control of your fossil fuels.” The Sense of Congress resolution needs to be approved by both houses and is sure to stir up a fight. But, in the context of Peak Oil, it will be perhaps the kindest, gentlest move the Empire makes to obtain control of Mexico's oil."



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