Cantarell decline takes center stage amid Mexico's economic woes

摘要

Mexico City-The fate of the huge Cantarell complex in the Sound of Campeche has become a major economic and political issue in Mexico in the face of its irreversible decline. The Cantarell complex used to be Mexico's "horn of plenty," producing some 62% of the nation's crude, President Felipe Calderon said in a recent radio interview, explaining the need for budget cuts and higher taxes as Mexico faces a 7% plunge in GDP this year.