Wednesday, February 10, 2010
Good Year
I believe this is literally the first time I've ever had the occasion to write anything positive about Pemex: two years after a deadly accident claimed the lives of 22 employees of the oil giant, 2009 was the safest year in the history of the company. Its rate of 0.42 accidents per million man-hours of labor made last year safer in Pemex than in Shell, Chevron, and other titans of the oil industry. If only they could have the same success in increasing production.
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2 comments:
More production means more CO2 emissions which means more global warming. I'd rather they invested in alternative energy
Yeah good point. Although in Mexico's case a slow, manageable decline might be a preferable. Then again maybe a sharp dropoff is the only medicine strong enough to get the pols to address the environmental and budgetary fallout from oil dependence and decline.
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