Is this the begining of the End of Mexico and [i]Oil[/i]

[Banquo's Ghost]

I'd be just as apt to blame the lack of production in Mexico's oil fields to a lack of quality personell as I would blame it on the wells running out.

Well, it's a view but one that doesn't seem to be shared by oil experts. Why for instance, has the quality of personel dropped so drastically in the last year?

From the article, most industry experts seemed to have expected this, in the same way many of the big fields have been considered towards the end of their lives.

I would have thought the conservative eyebrow would have arched at this:

The trouble, analysts say, is that the government's take is so large that it has left little to reinvest in Pemex to keep the black gold flowing.

Massive taxation for social purposes seems to have crippled Pemex's ability to discover new oil fields to replace those that inevitably dry up.