ECONOMY IN THE WORLD
MEXICO IS THE 4TH RICHEST OIL NATION IN THE WORLD
SOURCE:
CNN
1. http://www.cnn.com/2004/WORLD/americas/02/18/obit.lopez.ap/
The state petroleum monopoly Pemex had discovered big oil deposits offshore in the Gulf of Mexico that were twice Alaska’s North Slope — doubling the nation’s reserves — just before Lopez Portillo was elected.
He concentrated on developing petroleum production, quickly turning Mexico into the world’s fourth-richest oil nation at a time when the Organization of Petroleum Exporting Countries cartel was squeezing top dollar out of the United States and other big industrialized countries
Huge gap between rich and poor. Pervasive corruption.
The USA is getting there too: http://www.nytimes.com/2006/11/27/business/27richer.html
(archived at: http://groups.google.com/group/alt.politics.bush/browse_thread/thread/e8f33ae36180e01f/f12c6599d1a5d2d9 )
February 25th, 2010 at 1:21 pm
Huge gap between rich and poor. Pervasive corruption.
The USA is getting there too: http://www.nytimes.com/2006/11/27/business/27richer.html
(archived at: http://groups.google.com/group/alt.politics.bush/browse_thread/thread/e8f33ae36180e01f/f12c6599d1a5d2d9 )
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February 25th, 2010 at 1:34 pm
Cause while Mexico may be the 4th richest Oil nation, they rank first or second in graft and corruption and utter disregard for law.
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February 25th, 2010 at 2:00 pm
Poor government often leads to crying poor. Lack of leadership and lack of respect for their own maybe too.
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