Mexico: economy 0% after 7 years????

Question

Any opinions. i've heard that oil industry in mexico will ran out after 7 years, and this industry is the most needed in this country.

Answer 1

Where do people come up with this kind of thing?

From Forbes Magazine: The Economy Department estimates Mexico's economy will grow about 3.3 percent this year, down from 4.8 percent growth in 2006. The Bank of Mexico expects growth between 3 percent and 3.5 percent.

This may be where you got that idea: http://www.reuters.com/article/LatinAmer...

But PEMEX got the money they needed from the government and has hired an European Seismic company to explore their Gulf fields for $82 million. They are doing just fine.

By the way – they keep our gasoline prices at $2.38 USD per gallon all the time… and all of our stations are brand new and there’s one about every 40 minutes on every highway in the nation.