The Mexican reforms

In the vast interior of rural México, awareness of an approaching energy and economic tsunami is below even Alert Azul, the first stage of a hurricane watch. For those who read the newspapers or follow television there is no shortage of news about the usual political scuffling between Presidente Felipe Calderón Hinojosa and opposition party leader José Ramiro López Obrador concerning Cantarell oil field’s breathtaking 14% annual decline rate. People just don’t seem to register it as anything other than the usual politics that goes on in México City, a world away from their lives planting corn, grinding steel, or serving tourists with poolside Margaritas.

United States & Canada – August 27

Statistical fluke prevents nuclear incident in Ohio
Debbie Cook: Abandon 19th century fuels and move toward 21st century reponses
Drilling boom revives hopes for natural gas
Schumer: “The drilling issue has peaked”
Big Coal’s Big-Time Lobby

Peak oil and Mexico: The socioeconomic impacts of Cantarell’s decline

In order to shed light on how Mexico’s oil decline will impact the nation, the present analysis focuses on how declining oil revenues will impact five core facets of Mexican society: 1) Social Progress 2) Economic Growth 3) Inequality 4) Political Stability 5) Migration.