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Thread: North America to Drown in Oil as Mexico Ends Monopoly

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by apdst View Post
    Oh...so more developement in the oilfield doesn't create more jobs?

    You really should learn to understand what it is you're reading. Check my post again and pretend you've understood it. It'll probably help a lot more.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by Rocketman View Post
    Green Energy is not sustainable, all those failed companies on the taxpayer dime proved that during this administration.

    Green energy will always be a small and very costly contributor to our overall needs
    So you hope. Because its hard we should just quit? If we put our full effort into it we could it make it work.

    Not to mention rigging the market in favor of fossil fuels is completely backwards from what we should be doing. Gasoline should be more expensive, not less. Level the playing field and the alternative energy industry would take off.

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by ReformCollege View Post
    I agree with your insight, but is the way to less corruption and violence really a reduction in foreign investment? If corruption and violence are already prevalent in Mexico prior to this occurring, then what does maintaining the status quo actually accomplish? Rather, I think this would be a good time for Mexico to use the opportunity to make a major investment in their oil fields as leverage to ensure protections and use the additional funds to strengthen the fight against cartels. The key is that Mexico has to take the initiative to reform and reduce violence. Whether or not that happens is independent of whether they allow foreign investment in their oil fields.
    The problem is that any future investors will have to think twice about the rent they'll have to pay to both cartel and local governments. The additional funds will go to both sides and the problem will simply get worse. Also, will there be outrage when companies eventually start abusing workers here?
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by PeteEU View Post
    Horrible news. More massive profits for fat American companies and none for the average Mexican.
    How much is the average Mexican getting now? How do you know the only companies to benefit will be American?

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by Verax View Post
    So you hope. Because its hard we should just quit? If we put our full effort into it we could it make it work.

    Not to mention rigging the market in favor of fossil fuels is completely backwards from what we should be doing. Gasoline should be more expensive, not less. Level the playing field and the alternative energy industry would take off.
    that is bull****, ethanol nor bio diesel have proven to be sustainable and are incredibly expensive. Wind energy is ok but nothing to jump up and down about, same with solar power. None of these technologies can replace fossil fuels without driving the economy out of reach even for the middle class.

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by Rocketman View Post
    that is bull****, ethanol nor bio diesel have proven to be sustainable and are incredibly expensive. Wind energy is ok but nothing to jump up and down about, same with solar power. None of these technologies can replace fossil fuels without driving the economy out of reach even for the middle class.
    I never said replace, I said transition. And what makes you so sure? Do you have scientific proof its impossible? What are we going to do when we run out of oil? Humanity will mostly be wiped out because its impossible to do anything else sustainably?

    That is utterly ridiculous.

    EDIT: An example since you said ethanol has not been proven to be sustainable. No its not perfect but it is one tool in the toolbox and can work for certain regions. Alternative energy success is an integrated solution that involves many different sources and technologies. They all add up to create a significant benefit in the long run.

    http://en.wikipedia.org/wiki/Ethanol_fuel_in_Brazil

    Brazil is the world's second largest producer of ethanol fuel, and until 2010, the world's largest exporter. Together, Brazil and the United States lead the industrial production of ethanol fuel, accounting together for 87.8 percent of the world's production in 2010,[1][2] and 87.1 percent in 2011.[3] In 2011 Brazil produced 21.1 billion liters (5.57 billion U.S. liquid gallons), representing 24.9 percent of the world's total ethanol used as fuel.[3]

    Brazil is considered to have the world's first sustainable biofuels economy and the biofuel industry leader,[4][5][6][7] a policy model for other countries; and its sugarcane ethanol "the most successful alternative fuel to date."[8] However, some authors consider that the successful Brazilian ethanol model is sustainable only in Brazil due to its advanced agri-industrial technology and its enormous amount of arable land available;[8] while according to other authors it is a solution only for some countries in the tropical zone of Latin America, the Caribbean, and Africa.[9][10][11]
    Last edited by Verax; 12-17-13 at 02:55 PM.

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by AliHajiSheik View Post
    How much is the average Mexican getting now?
    not much but that will still be far more than if all profits go overseas no?

    How do you know the only companies to benefit will be American?
    Because American companies dominate the industry and it is in their back yard. Only ones that might be able to persuade the Mexicans elsewhere is China but I doubt the US would allow that.
    PeteEU

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by Hatuey View Post
    The problem is that any future investors will have to think twice about the rent they'll have to pay to both cartel and local governments. The additional funds will go to both sides and the problem will simply get worse. Also, will there be outrage when companies eventually start abusing workers here?
    Wait, I thought you said that this abuse already happens?

    Besides, if US companies were getting busy in Mexico making investments, I'd imagine that they would want to be safe from said cartels. Like it or not, that may be an avenue for the US government to assist Mexico in its local cartel war.

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by Verax View Post
    I never said replace, I said transition. And what makes you so sure? Do you have scientific proof its impossible? What are we going to do when we run out of oil? Humanity will mostly be wiped out because its impossible to do anything else sustainably?

    That is utterly ridiculous.

    EDIT: An example since you said ethanol has not been proven to be sustainable. No its not perfect but it is one tool in the toolbox and can work for certain regions. Alternative energy success is an integrated solution that involves many different sources and technologies. They all add up to create a significant benefit in the long run.

    Ethanol fuel in Brazil - Wikipedia, the free encyclopedia
    Do YOU have scientific proof that its feasible? Do YOU have scientific proof that we could make a full transition away from fossil fuels? No... you don't.

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    Re: North America to Drown in Oil as Mexico Ends Monopoly

    Quote Originally Posted by Verax View Post
    So you hope. Because its hard we should just quit? If we put our full effort into it we could it make it work.

    Not to mention rigging the market in favor of fossil fuels is completely backwards from what we should be doing. Gasoline should be more expensive, not less. Level the playing field and the alternative energy industry would take off.
    So you want to make energy more expensive across the board. Let's review what the effects of that would be. First, you'd be passing on higher electricity and transportation bills onto the average American consumer, thus reducing demand. Then you would be making factory production of even the most basic products more expensive in the US, both driving jobs out of this country and reducing supply. Essentially, you want to completely squeeze out our economy. Luckily the rest of the American people do not share your radicalism.

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