FB Share
Email This Page
add comment
Print

Intro: "Secretary of the Interior Ken Salazar announced Monday that an agreement had been reached between the United States and Mexico to allow drilling for oil and natural gas along the boundary between the two countries. Under the agreement, 1.5 million acres of the U.S. Outer Continental Shelf will be opened for drilling."

Offshore drilling. (photo: Sun-Sentinel.com)
Offshore drilling. (photo: Sun-Sentinel.com)



US and Mexico to Boost Offshore Oil, Gas Drilling

By Keith Laing, The Hill

21 February 12

 

ecretary of the Interior Ken Salazar announced Monday that an agreement had been reached between the United States and Mexico to allow drilling for oil and natural gas along the boundary between the two countries.

Under the agreement, 1.5 million acres of the U.S. Outer Continental Shelf will be opened for drilling. The interior department's Bureau of Ocean Energy Management estimates there are 172 million barrels of oil in the area.

Salazar said the agreement showed the Obama administration's commitment to increasing domestic energy development.

"This agreement makes available promising areas in the resource-rich Gulf of Mexico and establishes a clear process by which both governments can provide the necessary oversight to ensure exploration and development activities are conducted safely," Salazar said in a statement released by his office Monday.

The agreement was also signed by Secretary of State Hillary Clinton, Mexican President Felipe Calderon, Mexican Foreign Relations Minister Patricia Espinosa and Mexican Energy Minister Jordy Herrera.

A signing ceremony was held Monday in Los Cabos, Mexico.

 

Comments   

We are concerned about a recent drift towards vitriol in the RSN Reader comments section. There is a fine line between moderation and censorship. No one likes a harsh or confrontational forum atmosphere. At the same time everyone wants to be able to express themselves freely. We'll start by encouraging good judgment. If that doesn't work we'll have to ramp up the moderation.

General guidelines: Avoid personal attacks on other forum members; Avoid remarks that are ethnically derogatory; Do not advocate violence, or any illegal activity.

Remember that making the world better begins with responsible action.

- The RSN Team

 
+13 # lark3650 2012-02-21 11:39
The first of the Ten Indian Commandments is to 'TREAT THE EARTH AND ALL THAT DWELL THEREIN WITH RESPECT.' This isn't about NEED for oil...it is about GREED for oil. I just sent an email to Secretary of the Interior Salazar stating that I oppose this agreement and hope that others will voice their opinion as well.
 
 
+2 # dorianb@fuse.net 2012-02-21 20:37
I agree with you, lark3650. Did you read the editorial in Obama agreeing to fracking, also?
 
 
+8 # Valleyboy 2012-02-21 11:51
The greedy bastards from both countries will benefit.
 
 
0 # Doubter 2012-02-22 14:38
Petroleum is such a valuable resource (look up all that can be made from it) that it is a crime to burn it!
It should have provided humans thousands of years worth of a wonderful semi-raw material for everything from credit cards and aspirin to roofing and cortisone.
http://www.anwr.org/features/oiluses.htm
 
 
+2 # The Voice of Reason 2012-02-22 20:02
Car makers, in collusion with oil companies and politicians, design vehicles to waste fuel in order make the fuel sellers massively and unnecessarily rich. And the general public is so quick to pay the blackmail without a blink.

If history is any judge, no matter how much oil we pump, the price will still go up.
 
 
+1 # lark3650 2012-02-23 10:43
Just watch the dvd "Who killed the electric car?"
 

THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community.

RSNRSN