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.