Mexico's Biggest Oil Field Hits Hubbert Oil Peak, Europe Demands Russia Give Them Control Of Russian Oil And Gas
By Elaine Meinel Supkis
Already, danger signs from Mexico as their greatest oil field, Cantarell, signal the possiblity that it is not only past peak but in danger of a sudden drop off in production. Nearly all the oil there is sold to the USA which continues to guzzle gargantuan amounts of oil. In Europe, at the G8 meetings hosted by Russia, the Europeans and Americans demand Putin let them run Russia's oil and gas fields for ourselves. Putin smiles and and says 'Don't call me, I'll call you."
From the Wilderness:
Mexico's huge state-owned oil company, Petroleos Mexicanos, or Pemex, may be facing a steep decline in output that would further tighten global oil supply and add to global woes over high oil prices, the online edition of the Wall Street Journal reported.When the Great Permian Extinction happened, and it was, like all following extinctions, very rapid, the earth was covered by a tremendous amount of rotting biomass both in the oceans and on land. Instead of merely slowly filtering down, slowly piling up, nature usually is very thrifty and various organisms eat or dissolve whatever organic matter dies leaving relatively speaking, not much behind. And it tends to be used again by plants, for example, which grow using the fallen debrie of previous plants after worms and bacterium digest them all.
The potential decline faced by Pemex, also could undermine US efforts to reduce dependence on Middle East oil, and complicate Mexican politics and financial stability.
An internal study reviewed by The Wall Street Journal shows water and gas are encroaching more quickly than expected in Cantarell, Mexico's biggest oil field, and might cause output to drop precipitously over the next few years.
Currently, Cantarell produces 2 mln barrels of oil a day, or six of every 10 barrels produced by Mexico, and is the world's second-biggest-producing field after Saudi Arabia's Ghawar.
In the great catastrophe of the Permian Extinction, 90% of all living things died very quickly, the earth became very hostile and tons of mud and sand and very briny seas covered over the sad remains of a once teeming earth. This pile of dirt/salt/sand has been, over the last several hundred million years, been compressed into oil and gas and we seek them out and squeeze it all out again, leaving empty gaps which we pump water into so the salt domes won't collapse and to pressurize the oil so it comes out to the last drop.
I just got a call from a friend who tells me his TV set pundits are all saying we are going to see a world oil glut! Whoo hoo. I roll my eyes. This is the sort of lies one expects from our rulers who need to deceive everyone so we won't change now and save our skins. The plan, I assure you, is to enslave the vast majority of humans and put them to work as serfs and slaves. They know all about what is going on and pray we don't figure it out.
Mexico, like Saudi Arabia, have just announced they are upping production. This is sheer insanity. Neither country benefits from doing this in the long run. Note how Russia, flush with oil money, isn't upping production despite the pleas of the other G8 (means "Gee, we ATE everything!").
Finance ministers of world's wealthiest nations sounded the alarm over the cost of energy on Saturday and urged greater international cooperation to ensure stable supplies.We are all so civilized, aren't we? This is why so many oil nations are either in flames, degraded or their people in chains!
Ministers from the Group of Eight industrialized countries said in a communique that global economic expansion was strong but at risk because of high and volatile energy prices.
"We need to develop a civilized strategy which will reliably secure the world with energy at reasonable prices and with minimal damage to the environment," Russian President Vladimir Putin told the ministers.
The diplomatically worded G8 communique made no reference to the Russian gas supply spat but officials said they were keen to see the Kremlin allow more foreign investment in its energy sector and loosen the grip of the monopoly supplier Gazprom.Don't call me, I'll call you. I think this is funny. Russia will allow us to buy their oil resources, eh? But China can't buy any American oil companies? What is this about open borders and free trade and anyone can buy anything? I see some really funny contridictions here.
The standoff with oil-rich Iran over uranium enrichment has also served a reminder of how vulnerable supplies can be.
Finance Minister Alexei Kudrin appeared to cede some ground when he told a post-G8 news conference Russia might eventually end state-controlled Gazprom's gas export monopoly.
"In the future, access to the export pipeline will become equal. I am not ready to say when that will happen," he said.
The Europeans want to surround Russia with NATO bases and sneer at Russia but also want to some into Russia and insure they run the joint so they can suction off all of Russia's oil as cheap as possible. What a grand scheme, a great plan! If they could only install someone as dumb as Bush! Alas for Europe, Putin's IQ is bigger than a fence post.
I see all over the news, breathless tall tales about using "biomatter" to make fuel for cars. We can make fuel out of any biomass, that is what oil is, after all! Rotting corpses of living things! Already, we are destroying our forests by logging them, this removes much of the biomass built up by trees so the soil never gets "richer". Right now, they lop off the tops and side branches and leave them on the ground so erosion and runoff won't destroy what pitiful mulch has built up but if we need biomatter to burn as fuel for cars, they wll harvest literally everything including the weeds.
This is how we fish the oceans now with vast nets that kill everything everywhere and the biology of the seas are now collapsing and we are not stopping, we are increasing the consumption and now everything is dying rapidly, it looks like the Permian there, now!
Just as the collapse happened.
Will we suck up all biomass and burn it so we can live in bubbles and drive our fat carcasses around inside of big bubbles? We know the ending of this sorry story!
The Permian extinction tells us very clearly.
Here is yet another story, Chevron telling us, we can't be energy independent: From Ireland News;
Bush in his State of the Union address earlier this month pledged to cut US dependence on Middle East oil by 75% by 2025.Since American voters have little say with the sham elections we run these days, lobbying to shift taxes onto the backs of the voters is easy as making mud pies in a rainstorm.
“Quite frankly, I think these comments reflect some misunderstanding of global energy supply. I believe Middle Eastern oil can and must play a certain role in the system,” Robertson said. “Saudi Arabia’s massive resources will continue to promote international energy security and serve as a moderating force in balancing supply and demand.”
Robertson said singling out the Middle East for a reduction in US oil imports would be difficult, since oil was a commodity traded on the open market. What’s more, he said, that would require more expensive oil imports from elsewhere.
“All it would end up doing is raising prices,” Robertson said.
Chevron is also lobbying heavily against proposals floated in the US Congress to raise taxes on oil earnings, after oil companies made record profits as a result of skyrocketing oil prices.
“We’re working very hard to make sure these don’t come into law,” Robertson said. “I think we’ll be successful.”The billionaire oil company reps and foreign governments like Saudi Arabia openly bribe our "elected" officials who heed them much more closely than they heed us.
So long as the oil overlords can whip the religious right wing nuts into line, they will be able to loot us at their leisure and then spit us out like so many dead seeds. Spitooie. And where is McCain? Shouldn't he be denouncing oil barons who are bribing Congress?
When pigs jet overhead.
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