Archive for August 4th, 2007


PEMEX says Mexico oil reserves may be gone in 7 years

The state-owned nationalized oil company of Mexico, PEMEX, “announced that oil reserves may run out in seven years.”

“Supplies of this economically exploitable resource are running out,” informed a report sent by the state owned company to the United States stock market.

Jeff Vail notes

They will probably be out of oil in seven years–out of oil, not just beginning to decline. Notice how this came out on Friday afternoon. This is when you issue a press release when you want to bury a story.

Sounds like the Peak Oil theory is proving itself to be true. BTW, Mexico ranks third in amount of oil imported to the US.

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We’re moving to a new server

Tonight, Sat. Aug. 4, Polizeros will be migrating to a High CPU server at Bluehost, where we’ll have lots more bandwidth.

So, you won’t be able to access the site for anywhere for an hour to a day, depending on how fast the DNS propagates.

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The seven states affected by subprime problems

seven states affected by subprime

For more info, The Agonist has an detailed explanation of how the damage is spreading and Real Estates Charts has unsettling charts. There’s a whole lot of hurt going on now, and much more coming.

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Baghdad: 6 million people, 117 degrees and no water

And very little electricity. Without electricity, water can’t be pumped.

Article 59 [of Geneva Conventions (1949) to which the U.S. government is a signatory] states: “If the whole or part of the population of an occupied territory is inadequately supplied, the Occupying Power shall agree to relief schemes on behalf of the said population, and shall facilitate them by all the means at its disposal.”

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