Thank you for that, Laz, and yes, Pemex, not Parabas. So - they did know and kept what they knew secret; and also they did not know how fast it would fail at the end.
"Acting as if completely self-interested capital should be at the reins of such seismic societal resources is ideological madness." I wonder, if there was no Gov't, or VERY small Gov't, if our lifestyle, economy and production would be so completely dependent on Oil. I don't think so. For over 60 years engineering students, for their graduating thesis, have designed cars that run on a wide variety of sources, such as water - a steam engine. And for all that time Ford or GM have bought up those papers, designs, and buried them. Electric cars are seriously hampered because gas stations have no facilities for recharging them, and the big Oil companies have no plans on adding that. It's very possible, even likely I think, that our economy, society, country, culture would be very different if Gov't hadn't grown so big and controlled so much. And that's true in most countries.
I agree, it does look like there's disaster ahead. There's no reason to think that our Gov't, Big Corporations, and elites will act any differently. How long do you think we have before the coming oil collapse, a guess, as you have said the figures are not available?