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Down 10%, Mexico Oil Reserves Gone In 9 Years Without New Finds

Posted by ipso facto @ 18:19 on April 4, 2017  

Mexico’s existing oil reserves are dwindling so fast the country could go dry within nine years without new discoveries.

That’s the message from the National Hydrocarbons Commission, which said Friday that the reserves fell 10.6 percent to 9.16 billion barrels in 2016, from 10.24 billion barrels a year earlier. Once the world’s third largest crude producer, Mexico’s proven reserves have declined 34 percent since 2013.

cont. https://srsroccoreport.com/down-10-mexico-oil-reserves-gone-in-9-years-without-new-finds/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.