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Nice work.
I noticed that yearly world production data for '79 through '84 will also produce a downwards but temporary trend (BP stats). Whether or not this is the real thing is yet to be determined. As for the the US, Mexico's future production is obviously extremely important. Now excuse me for being stupid, but in a previous discussion there was talk about the rapid decline of Cantarell and whether or not a couple of new Pemex projects coming online would be enough to counter this decline. Was there any consensus on this issue? Even with flat or declining demand in the US, we are still stuck with the prospect of increasing imports and Mexican petro imports are going to be hard to replace.
B.W.
I haven't read anything that indicates Mexico will be able to make up for the massive decline of Cantarell. Partial mitigation may be possible with some new fields, but it won't be enough.