Wednesday, January 13, 2010

Research Paper

PEMEX, Mexico's Cash Cow.

http://docs.google.com/Doc?docid=0AfnaAaT2jAm7ZGhkejN0NmdfMTBjczloejJoaA&hl=en

Corrupt Oil Cartels.

Letter to Reoresentative

To Your Representative:
The Honorable Bob Filner


Dear Mr. Filner

I am writing about PEMEX, Mexico’s state oil monopoly, which also sells oil to our country. Mexico has a high corruption rate and there has been PEMEX officials arrested for corruption. Also, Mexican cartels steal from the company by connecting alternative pipelines to a PEMEX pipeline. We are probably buying stolen oil from Mexican Cartels, which is not helping or neighbor country Mexico. 82% of PEMEX exports goes to the U.S., which benefits us a lot. The export is cheap because Mexico is right across the border. PEMEX, being the six largest oil company in the world, is on high demand to privatize it, buy the company will not benefit Mexico, since 40% of Mexico income comes from PEMEX.

We should help Mexico by buying oil from the company itself, and we should know from whom are we buying oil from, not like a past experience that we bought oil from PEMEX, but turns out it was stolen. That is not helping Mexico with their economy, and we are just helping the Mexican cartels getting bigger and stronger and making Mexico weaker and smaller. There is an estimate that cartels steal more than $350 million dollars in gasoline from PEMEX.

The U.S. has to know from whom it is buying oil and how it is getting it from Mexico. We should support the country, not supporting the Mexican cartels. Like we always help Mexico, we should donate $50 million dollars to PEMEX to be an even better company in reinforcing their security and to fight the Mexican Cartels and corruption, in order to get clean and safe oil from PEMEX and not from Mexican cartels. If we are buying oil from Mexican cartels, we may be getting less and cheap oil, and we are also helping the Mexican cartels, which are the ones who export drugs to the U.S. We get a lot from PEMEX so we should take care and support it.


Sincerely,

Javier Bustamante

Op-Ed

Pemex, Mexico’s State Oil Company Has To Go On.

Mexico receives 40% of the budget by one and only oil company, PEMEX (Petroleos Mexicanos or Mexican Petroleum in English.) Mexico Ranks the 6th top production nation in the world, and the 10th exporting nation, all done by PEMEX, which the company is also the 10th largest oil company in the world and the 2nd largest company in Latin America before PetroBras from Brazil, which has over 154,000 employees; also ranking 31st in Fortune 500 companies.

Pemex is a big and fortune oil company that produces 2.7 bbl/day (barrels per day) drilled from 3 oil reserves in Mexico: Chicomtepec Field, Cantarell Field, and Klu-Maloob-Zaap, which counts with 12 billons barrels of oil, with a estimated that would last for 11 years, for Mexico. The discovery of Cantarell Field thirty years ago, lead to one of the largest petroleum reservoirs in the world; peaked more than 2 million barrels of oil a day in 2004, later that number began to decreased, which is expected to decrease between 300,00 and 600,000 barrels a day in there or four years, which is not a good sing for PEMEX, because they depend too much on Cantarell. PEMEX should invest more in petroleum exploration especially in deep waters, where the future growth of PEMEX is. They should also consider in building more oil refineries. The United States has 149 operable oil refineries, and Mexico, only six. Because of the Mexican crude is shipped to Houston, Texas, where it is refined and then re-imported to Mexico. By build more refineries, PEMEX can stop shipping oil to the U.S. to refined, and earn that money for future projects.

In other hand, Mexico is a high corruptive country, and since PEMEX is owned by the country, PEMEX officials make deals with drug cartels or simply just stealing from the main oil pipelines. Billions of dollars are lost due to corruption inside the company. If someone has the power, they can take from PEMEX. When PEMEX first began his presidency, he illegally funneled $45 million dollars to his party, also in 2007, PEMEX director Raul Muñoz was fined $80 million dollars and banned from public office for 10 years, for the misuse of funds and the illegal transfer of more then $170 million dollars to the oil workers union; and also the use of 12,500 dollars from PEMEX funds to pay two liposuctions for his wife.

There is an estimate that over $350 million dollars worth of gasoline are stolen from PEMEX by drug cartels, as another alternative to win big money. At least on U.S. oil executive, Donald Schroeder has pleaded guilty to conspiracy un such a deal, the U.S. department of Homeland Security returned $2.4 million to Mexico’s tax administration, for purchasing stolen oil from Mexican cartels. Also the United States is working with the Mexican government in investigation stolen oil.

Other alternatives for PEMEX is for privatized it or making some possible shares for Mexican citizens, because the Mexican constitution guarantees PEMEX should stay as an oil monopoly, in order to receive income in the country and to reserve oil to the people.


Sources

http://www.forbes.com/2009/05/07/pemex-petrobras-mexico-business-energy-oil.html

http://www.huffingtonpost.com/2009/08/10/mexican-drug-cartels-smug_n_255812.html

http://mexidata.info/id1731.html

http://ipsnews.net/news.asp?idnews=42274

http://www.jornada.unam.mx/2008/05/18/index.php?section=economia&article=018n1eco

http://www.eluniversal.com.mx/notas/599122.html

Wednesday, December 16, 2009

Corrupt Oil Cartels Abstract

Petroleum, some people call it, Black Gold. Oil runs our daily lives, we made it habit to use it every single day, without oil, we would go school or work in a car, we would have electricity in order to our alarm clock to sound in the morning or to take a nice warm shower, or even have light to see. The U.S. consumes one fourth of all oil consumed in the world, with more than 20,000,000 bbl/day (barrels per day)most of the U.S. oil comes from exports, one of them being PEMEX, Mexico's state owned oil company, being the 6th largest in the world, which 82% of their exports is exported to the U.S.

In the early 1930s people were striking foreign owned oil companies in Mexico, for an increase in pay and social service. In the result of that in1938 President Lazaro Cardenas, nationalized Mexican oil, every single drop of crude oil inside the country was Federal property, even to this date, creating one oil company and making it the 5th largest oil exporter company in the world. Many people want to privatize Pemex, like Carlos Slim, George Bush, Andres Manuel Lopez Obrador, but the president always denied it, is not an option to privatized Pemex, and it will not benefit the country.

Since Pemex is run by the government, and Mexico being a corrupted country, Pemex officials steal from the company which means that they are stealing from the country. Billions of dollars are stolen from Pemex, and Mexican cartels steal directly from Pemex’s pipelines, there is a estimated that more than 350 million of dollars are stolen each year from Mexican cartels. If they are stealing from PEMEX means that they are stealing from Mexico, so not only the company is losing money but also the country. 40% of Mexico's income come from PEMEX.
Most of the oil from Mexico was exported, instead of using it in the country, and since oil was becoming a need for the country, Mexico nationalized their oil, in order to control their oil and have more oil, but now there are stealing oil inside the company, billions of dollars are stolen from Pemex by Pemex officials.

Monday, November 2, 2009

Jermy White

Jermy white was born in Sacramento, California, on Agust 27, 19076, he was born the oldest with 2 brothers and one sister. His parents separated when he was six years old. His mother is the most important person in the world, he likes how his mother cares more about other people, because of that Jermy learned that toher people feeling are important.
He grew up in Sacramento, with a curios and a positive attitude, in which help him with all his obstacles in life and made him a very happy person, who always want to learned new things. Jermy had a lot a passion for music in high school, he played drums and always wanted to be on a band with a record deal.
After high school he went to Sacramento State University, majoring in music. H really got involve in the music industry, he even went on tour around the world, which it was his dream. Later on he went to San Diego State University to finish grad school, he didn't finish grad school, but continue with music and touring. He then realized that the music business is very unstable, so he decided to open his own real state company, it was to much work, managing a company, so he decided to sell it.
He now works in Nothwestern Union as a financial advisor. He is not married and undecided to have children. Jermy enjoys his life, he sees him self laying down on the beach in Hawaii in ten years. He is very happy in what he has in is life, he didn't continue his dream but he lived it.

Food Project Post

1) Why do people choose to eat products that are unhealthy for them? (food stuffs)
Because they are good and/or cheap, also time is part of it, if people want some thing fast and cheap, people choose to go to a Jack in a Box or a McDonald's. People choose to eat cheap and save money rather than eat healthy. Normaly unhealthy food is good, everybody enjoys a bag of Flaming Hot Cheetos or Doritos, or a really sweet Hershey's bar. People don't choose to eat unhealthy, they eat unhealthy food because they are cheap, convenient and good.

2) What roles/responsibilities does the gov't have in framing your choice? (Should they be responsible for educating us? should they be responsible for managing all products we consume? GM included, plastic chemicals - poisonous additives)
The governments job, is for they citizens to have a good and safe life, but they are doing the oppiset thing, they only care about money, so instead of their people being healthy they allow certain cheap and unhealthy food to be on the market, so than the people never stop buying so that the government receive more money, is the government responsibility to regulate this products and educate us about this products, but is our responsibility to be healthy or not.