US and Mexico sign agreement for development of transboundary oil and gas resources in Gulf of Mexico; access to nearly 1.5M acres of US Outer Continental Shelf
Green Car Congress
FEBRUARY 21, 2012
The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. As a result of this Transboundary Agreement—which Presidents Obama and Calderon had committed in 2010 to reaching—nearly 1.5
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