Mexico Cuts Oil Exports To US
May 6, 2008
Elaine Meinel Supkis
BREAKING NEWS: MEXICO TO CUT OIL EXPORTS TO US. This is big news. It hasn't hit Bloomberg yet but already oil traders are shouting up the price of oil due to this news. It will shoot well over $120 a barrel. And it is time to talk about the other energy news. Americans wonder if we should retrofit to solar energy and thus, make jobs. Only China figured this out...long ago. They asked my dad to start off their solar energy industry back during the Jimmy Carter Presidency years! They are way ahead of us in this matter. And the IMF is furious that Russia won't listen to Rato and his fellow flunky wizards who want to loot Russia. HAHAHA. Well, off the cliff we continue to go!
Mexico will lower exports of crude to the U.S.
The Department of Energy United States received notification of PMI International Trade in the sense that Mexico cut its crude oil exports to the U.S. market at 184 thousand barrels per day on average during 2008, a situation which could be extended for two more years .The subsidiary Pemex responsible for the marketing of oil abroad informed the U.S. government and its customers in that country due to the fall in crude oil production was necessary to adjust downward the export platform committed during the year and to persist that the problem of production could be adjusted to maintain the volume of foreign sales of crude oil until 2010.
The original program of 2008 exports of crude oil planned to put on the international market one million 678 thousand barrels per day on average throughout the year, but at end of first quarter sales volume reached one million 499 thousand barrels, ie 179 thousand barrels less than originally envisaged, which also affects the U.S. market.
The original article is in Spanish so I will post that, too:
México bajará exportación de crudo a Estados Unidos
El Departamento de Energía de Estados Unidos recibió notificación de PMI Comercio Internacional en el sentido de que México recortará sus exportaciones de petróleo crudo hacia el mercado estadounidense en 184 mil barriles diarios en promedio a lo largo de 2008, situación que podría extenderse por dos años más.La filial de Pemex encargada de la comercialización de hidrocarburos en el exterior hizo saber al gobierno estadounidense y a sus clientes en ese país que debido a la caída en la producción de petróleo crudo fue necesario ajustar a la baja la plataforma de exportación comprometida durante el año y que de persistir el problema de la producción se podría mantener ajustado el volumen de ventas externas de petróleo crudo hasta 2010.
El programa original de exportaciones de petróleo crudo 2008 tenía previsto colocar en el mercado internacional un millón 678 mil barriles diarios en promedio durante todo el año, pero al cierre del primer trimestre el volumen de ventas alcanzó un millón 499 mil barriles, es decir, 179 mil barriles menos de lo previsto inicialmente, lo que afecto también al mercado estadounidense.
Mexico is at its own Hubbert's Oil Peak. The right wing rulers of Mexico used hook, crook and murder to install one of their own in the last 'election.' The US rulers were immensely pleased there was no countervailing revolution down there. Thanks to commodity speculators, there just may be a revolution in the not too distant future there. I am looking at Bloomberg news as I type. The stock market just fell 65 points in a few minutes. Anyone who thinks there is even a ray of good news in the news stream today is either nuts or works for Bush and Bernanke.
Of course, the OPEC nations will be grimly pleased. Certainly, Iran Kitty is laughing its feline head off today. The US has continued to menace the Persian Cat. And the price of oil won't go down, of course. So we have a confluence of forces here: the Hubbert Oil Peak, the end of infinite lending at low rates and the US spending on wars going off a cliff and into the abyss where Chtulhu dwells.
Here is my February, 2005 story about Mexico's oil:
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."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.
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.
Here is my story from March, 2007, talking about the Mexican oil industry:
Both Ghawar And Cantrell Oil Fields Are Past Peak
We Hubbert Oil Peak watchers have been expecting this. Seven years ago, many of us thought this would happen by 2010. But the Saudis beat us to it by recklessly pumping oil for political reasons, mostly to keep Bush in power and gas prices in America briefly down. Recently, they claimed they were increasing their pumping to punish Iran and drop world oil prices only this didn't happen at all: if prices went down a few pennies, it was only because oil futures buyers anticipate a global recession or even depression.
Way back in the early 1970's, Americans were much more alarmed about the Hubbert Oil Peak: we reached it back then. Even with the subsequent Alaskan discoveries, the decline has continued. The Gulf has produced a good amount of oil but not enough to make up the shortfall and hurricanes have crippled more than one pumping facility there.The second-largest producing oil complex in the world is Mexico's giant Cantarell oil field, in the Gulf of Mexico off the Yucatan. The field was discovered in 1976, supposedly after a fisherman named Cantarell reported an oil seep in the Campeche Bay.
Exploration yielded surprising results. It turned out that Mexico's richest oil field complex was created 65 million years ago, when the huge Chicxulub meteor impacted the Earth at the end of the Mesozoic Era. Some 10 years earlier, Luis and Walter Alverex had suggested in their independent studies that an impact meteor was responsible for the extinction of the dinosaurs. Scientists now believe that the Chicxulub meteor impact was the culprit that killed the dinosaurs, as well as the cause for creating the Cantrell oil field.
Mexico has been obviously heading towards its own Hubbert Oil Peak for some time. The Cantrell Fields are very old just like the ones in Saudi Arabia are reaching their end. The need to pressurize oil up into the wells via pumping in sea water is reaching its economic limits since all this water needs to be removed after pumping and when the oil to water ratios drop too far, it becomes uneconomical to do this much longer.
By the way, up in Canada where the sand oil processing plants are, they have to use a lot of water to get the oil and this polluted water is stored in these huge ponds that are pure poison and they didn't stop the migrating birds from landing on this lake of pure poison and hundreds of birds died. The downside to our frenzy to produce oil no matter what has a severe ecological impact. I will note here that the US and the other G7 nations love to attack China over environmental issues even as we befoul our own parts of this lovely planet.
Mexico, along with Canada, imports a huge proportion of our oil we use. Along with Venezuela. And Venezuela is cutting back on oil exports to the US, too, at the same time. This is another reason our oil prices have been relentlessly moving upwards. The US government's response has been to offer gas tax holidays via McCain and his side-kick, Hillary Clinton. But that won't stop the relentless rise in prices. And our wars which are directly responsible for all this, will be hampered by Europe and Asia rushing off to Iran Kitty to get deals signed whereby they buy oil for euros and yen, not dollars. The US can stop this by bombing Iran but this might start WWIII. A serious mistake if we think THAT is a good idea.
Our masters in Saudi Arabia will be pleased by this news. They have us over a barrel. They usually kept OPEC prices down for us in exchange, we were to do things for them like kill Saddam. But we fouled up that game and released tremendous Shi'a energy and this displeases the Sunni Saudis. Who are being kicked in the teeth by the Israelis on a daily basis. So we will see some queer things broil out of that mess. One thing is certain: Saudi Arabia won't give us cheap energy. I suspect, they can't increase production, anyway.
Medvedev Boxed In by Oil as Putin Bequeaths Economic `Dead End'
When Vladimir Putin hands Dmitry Medvedev the keys to the Kremlin on May 7, he may be locking his presidential successor into an economic box.Russia is riding so high on rising oil and gas prices that it has little incentive to diversify beyond commodities. The energy industry produced more than two-thirds of the nation's export earnings and more than a third of the state's 2007 revenues, which totaled $315 billion.
The government has ignored advice from the World Bank and other organizations to invest in other industries, start-up companies and infrastructure. Instead, the central bank has amassed $530 billion in gold and foreign-currency reserves; Putin has put $130 billion of that in a sovereign-wealth fund that would provide no more than a two-year cushion if energy prices fall.
HAHAHA. Oh, the humanity! Russia is in trouble because they won't listen to the IMF! HAHAHA. One thing is certain: Russia's masters aren't stupid. Only stupid people listen to Rato and his ilk. Since Rato and his buddies are all liars and con men and con women, listening to them is fatal. I suggest no nation listen to them. Besides, who is being de-industrialized, anyway?
AMERICA! Russia had to retreat on this, too, but unlike America, they have energy to sell so unlike America, they are NOT in debt and have a huge FOREX reserve, the third largest on earth! We have nothing! Nothing! Russia's energy is 2/3rds their export earnings. No shock. And as the value of energy rises, they will see greater and greater profits. DUH. Is this evil?
Of course not. Russia is licking its wounds from a past century of wars, destruction and communist leaders gone insane. Now they are led by sane people and this drives the US and the other G7 nations insane. We all want a weak Russia! The fact that it is growing stronger via energy sales infuriates the West no end. Note also, Russia has a two year cushion. What is America's cushion?
A cactus plant! We don't have any cushion at all! So who are we to yell about Russia's damn cushion? They are sitting pretty while we are falling off a cliff into a pile of very painful cacti.
Here are some NYT letters to the editor concerning our energy plight and our trade deficits:
To the Editor:David Brooks is right: the global economy is driven by technological change. One should add that the third industrial revolution will start when we accept that technology can solve the energy crisis.
Whichever nation decides to cover its roofs with solar shingles and use inexhaustible and free solar energy to convert sea water into hydrogen fuel for its cars will not only provide a permanent solution, but will also initiate the economic boom of the century.
Political leaders should not use the gasoline cost for pandering or preparing for energy wars. No, our political leaders should return the United States to its natural role of leading the technological transformation of the planet.
Béla Lipták
Stamford, Conn., May 2, 2008
OK: Jimmy Carter! My dad was the head of the Alternative Energy Commission. Everything my dad said was WIPED OUT DURING THE REAGAN YEARS. Reagan told him to jump in a lake. And told me to take a hike. During the 1970's and 1980's, the Communist Chinese took a very deep interest in my dad. He spend half of his time in China from then until 1989 when I infuriated the Chinese leadership and they ceased talking to us. HAHAHA. My one talent, infuriating rulers.
Anyway, back in the 1970's, the Chinese asked my dad to start their solar energy programs. Which have continued since then! As the US deindustrialized, China built its industries. And one of them is their solar energy production industries. The US chose to go for cheap oil and cheap interest rates, gas guzzlers and big houses while refusing to do anything concerning alternative energy systems at all. To my great fury! Anyone supporting alternative energy, from 1982-2007, were curtly told to 'Shut the hell up.' And we were denied any visual support in the news. Like Volcker, we have spent a long, long time in the wilderness.
Solar Energy Booming in China
by Zijun Li on September 23, 2005
The city of Beijing, China’s second-largest energy consumer, has announced plans to build a “solar street” where buildings, streetlights, and other features will run entirely on energy from the sun. A second pilot project in the city’s Xuanwu Park will introduce solar power for lighting, heating, and refrigeration. Both projects reflect a larger government commitment to dramatically increase China’s use of renewable energy in the coming decades.In a move to cut domestic reliance on coal and oil, the Chinese parliament passed a historic law in February pledging to use renewable energy resources for 10 percent of China’s energy consumption by 2020. The new law includes details on the purchase and use of solar photovoltaics (PV), solar water heating, and renewable energy fuels. In particular, the government will promote the use of solar PV in buildings as a way to push China’s solar energy industry, said an official at the International New Energy and Renewable Energy Forum on September 19.
China has several advantages in solar energy development. According to Xinhua Net, two-thirds of China’s land area receives more than 2,000 hours of sunlight annually, more than many other regions of similar latitude, including Europe and Japan. This gives China a potential solar energy reserve equivalent to 1,700 billion tons of coal. And China has become a world leader in PV cell production: Shangde Solar Energy Power Company, the country’s largest crystal silicon solar cell producer, recently expanded its operations and expects to boost China’s total production capacity of the technology from 200 to 320 megawatts by the end of this year.
China is also a world leader in solar thermal production and use, accounting for 55 percent of global solar heating capacity (excluding pool systems)—or 52 million square meters of collectors—by the end of 2003, reports Worldwatch Institute senior researcher Janet Sawin in Vital Signs 2005. China aims to boost its production capacity of one specific type of collector, solar heat panels, to 51 million square meters by the end of 2005, which would make it the world leader in solar heat panel production, according to an official from the National Engineering Research Center for Renewable Energy.
That news was from 2005. China's rulers have a 50 year plan. I watched them hatch it. Arguing about these things, them watching me rage about these things back then, they came up with a plan for the Hubbert Oil Peak. And we are seeing it being fulfilled right on schedule. They knew the Peak would begin to show itself by 2000. I told them this, my dad told them this. We were right. The 'there is no peak' people are being shown to be utterly wrong.
My dad and I both know that if Greenland and Antarctica's glaciers melt, there will be new oil, of course. And wars will be fought over this oil. My dad even went to Greenland once to scout this out himself. Russia is staking its claim in the Arctic and so is Norway and others like Canada. The US is floundering about hoping to get something, too. China can't do this, they are using the other road, the industrialization road that we should have taken. They will win in the end.
DuPont plans China facilities for solar energy
U.S. chemical maker DuPont Co said on Tuesday it plans to open a research and development center and a manufacturing facility in China, which will cater to the growing demands of the solar energy industry.
The research and development facility will be based in Hong Kong, while the plant will be in Shenzhen.
The company expects growth in the photovoltaic market to exceed 30 percent each year, over the next several years. DuPont has made significant investments in product development and capacity expansions to help keep pace with this demand. (Reporting by Euan Rocha, editing by Gerald E. McCormick)
OK: are lots and lots of solar energy plants being built in the US? Or China? And this is the whole problem. The present system is set so we go bankrupt and China becomes the top industrial power on earth and everyone has to deal with the problems of the Hubbert Oil Peak.
MORE BREAKING NEWS:
Clinton: OPEC 'can no longer be a cartel'
"We’re going to go right at OPEC," she said. "They can no longer be a cartel, a monopoly that get together once every couple of months in some conference room in some plush place in the world, they decide how much oil they’re going to produce and what price they’re going to put it at," she told a crowd at a firehouse in Merrillville, IN."That’s not a market. That’s a monopoly," she said, saying she'd use anti-trust law and the World Trade Organization to take on OPEC.
Clinton has cast herself as a warrior for working people against the oil industry and malicious "speculators," and made that -- along with her push for a gas tax holiday -- central to her closing message in Indiana.
And how is this bomb, bomb, bomb Iran for 1,000 years lunatic going to 'break OPEC'? This wild talk but craven political operatives, talk about using violence to get free oil, this is how WWIII will happen. This is why the IMF is demanding Russia not build up reserves or charge high prices for energy. The US imagines we can talk violently about energy and no one notices this. And egging on Americans to violence against our suppliers is evil, pure unadulterated evil!
The US consumes more energy per capita than any nation on earth, by far and away. We are the biggest energy gluttons on earth. We are directly responsible for the Hubbert Oil Peak happening rapidly to ourselves. We knew back in 1972, the Hubbert Peak had hit us and we deliberately ignored this. During the intervening years, we pretended there was no peak and we had to do nothing to prepare. Now that the price for ignoring this is rising rapidly and as we flood the planet with increasingly worthless dollars as we BORROW MONEY to pay for this OIL we want, we complain? And the fix is to what?
Kill Saudi Arabia? Kill Iran Kitty? Kill Mexicans? Kill Venezuelans? Talk about suicidal. Do we imagine China will let us? Russia will let us? Saudi Arabia is already making moves to draw closer to Russia and China for fear that the US will betray SA. It is only a matter of time. The US people don't have the slightest idea, what is going on thanks to the media and our politicians. And no one wants to listen to Jimmy Carter or Volcker or me, either. Our message has been 'Take your medicine and stop drinking booze.' Not what our party-mad drunks want to hear.
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