February 12, 2005

How to Get 139 Billion Barrels of Oil:
Close the Border
It Will Force Mexico to Allow Outside Investment

Pemex Loosening Up?
    
According to EFE News Service, Mexico is considering opening up its Gulf of Mexico holdings to private, most likely foreign, investment in drilling for crude that could produce up to 54 billion barrels of crude. Mexico's total reserves could be as high as 139 billion barrels.
    "Mexico is sitting on hundreds of billions, if not trillions of dollars of an asset that could help bring the nation, and its people, into the 21st Century," said Glenn Spencer of American Patrol. "One way of pressuring them to open up these resources for development is to close the border tight," he added.

Red DotGeologists say billions of barrels in Gulf

Red DotMexico and U.S. Divide up "doughnut hole"

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