“Mexico, Jul 27 (Prensa Latina) Petroleos Mexicanos (PEMEX) announced that oil reserves may run out in seven years.”
Oh boy. And everyone still thinks we’re not at peak yet. Maybe this is why Chrysler can offer lifetime warranties. If Mexico cannot meet their “internal needs”, does that also mean Mexico will stop importing oil to the U.S.? Dumb rhetorical question… more evidence piling up that we can now count the years on one hand until full blown collapse.
David Strahan has an interactive oil-depletion map that puts this all into sharp perspective.
Going to update this post – lots more news today:
Bush Calls For Easier Wiretapping Rules (as if it matters anymore)
$20 Billion In Arms Sales To Saudis (don’t you just wish they’d start spending this money on fixing the problem instead of fighting over what’s left? Guess who they’re buying the arms from.)
Map of Universal Healthcare In The World (not a bad place to start spending those trillions in “defense” on)
“If ordered to turn their guns and bayonets on their fellow Americans, would our “heroes” in uniform follow their consciences, and their oaths to “uphold and defend” the Constitution of the United States? Or would they follow the orders of their Commander in Chief?” [in a heartbeat]
Prices Will Stay Sky High For Years [don’t expect the media to tell the truth, prices will stay sky high forever]
*** Metals prices continue to rise – copper, lead, steel, zinc, antimony, and other metals continue to rise so almost everything that has a metal in it is also going up. since 2003, the price of copper has increased fivefold (in US dollar terms). For zinc the increase has been fourfold and for lead, sevenfold. ***