Submitted by EnergyTechStocks.com

The latest chapter is what might be called “The Decline and Fall of Mexico’s Oil Industry” came out last week. According to news reports, Mexico’s oil production fell 7.8% in the first quarter, and exports declined 12.5%. www.businessweek.com

Bad weather was an extenuating factor. Still, the fiercely proud Mexican government wouldn’t be heatedly debating the idea of bringing in foreign technological experts if the final chapter wasn’t near.

Until tomorrow.