http://www.iht.com/articles/2007/10/22/bloomberg/bxatm.php

"President Felipe Calderón of Mexico is delivering a grim message: The largest
oil producer in Latin America is running out of crude."Our oil reserves have
been consistently falling," and the decline is "severely threatening"
government finances, Calderón told a nationwide television audience in an
address last month at the National Palace."

http://www.guardian.co.uk/oil/story/0,,2196435,00.html

"World oil production has already peaked and will fall by half as soon as
2030, according to a report which also warns that extreme shortages of fossil
fuels will lead to wars and social breakdown.

The German-based Energy Watch Group will release its study in London today
saying that global oil production peaked in 2006 - much earlier than most
experts had expected. The report, which predicts that production will now fall
by 7% a year, comes after oil prices set new records almost every day last
week, on Friday hitting more than $90 (£44) a barrel."