Plateau Oil won't be as bad as Peak Oil with drillers like RIG around, assuming they survive BP's massive lawsuit over the Deepwater Horizon fiasco. New guidelines on the use of blowout preventers will help explorers, provided they get wide dissemination. Any drillers looking to expand south of the border? Mexico needs oil services if it wishes to transform its slide down the far slope of Peak Oil into a nice slow drift toward Plateau Oil.
Nota bene: No positions in RIG or BP.