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Author Topic: House Votes to Ratify Energy Agreement Between US, Mexico Back to Topics
mastermariner
Champion Author
Texas

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Message Posted: Jun 28, 2013 8:42:28 AM

The U.S. House voted to ratify an energy agreement between the U.S. and Mexico that governs how oil and natural gas is developed along a shared border in the Gulf of Mexico.

The agreement establishes a framework by which U.S. energy companies and Mexico's state-owned oil company Petroleos Mexicanos, known as Pemex, can jointly develop the resources along this area.

The agreement covers about 1.5 million acres of the U.S. Outer Continental Shelf, an area estimated to include 172 million barrels of oil and 304 billion cubic feet of natural gas. Production in the area is currently subject to a moratorium under a treaty. The legislation makes it available for leasing.

The bill passed by a vote of 256 to 171, with a majority of Democrats voting against the measure

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REPLIES (newest first) Post a Reply
MadFueler
Champion Author Winston-Salem

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Message Posted: Jun 28, 2013 12:41:58 PM

As much as it pains me to say this, the dems are right about this one. We need to drill and develop, but we also need to separate legitimate royalties from bribes and kickbacks - things that supposedly were illegal under FCPA before Dodd-Frank was even thought of. This isn't about stopping drilling; it's about making sure our hard-earned gas dollars aren't just going to line some corrupt politician's pockets. Okay, I guess I should add "moreso than they are now."
drpepperTX
Champion Author Texas

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Message Posted: Jun 28, 2013 11:07:28 AM

Ah yes, liberal democrats against this well planned energy agreement.

Obviously they see an increase in North American production as a threat to their control over their minions! Gee, we cannot allow increased oil and gas development! It makes our enslavement to 'renewables' look bad!

Liberal greed and hypocrisy knows no boundary!
VMIJim
Champion Author Alabama

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Message Posted: Jun 28, 2013 9:56:25 AM

A noble gesture but it will never get past the Senate thanks to the Obama Administration which has done nothing to control oil speculation, reduce our dependence on foreign oil, or improve our economy. His agenda continues to cater to his tree hugging, stimulus sucking, union dominated, ultra liberal major contributors. As a result, we continue to be screwed at the pump, with our utilities, & with our taxes. Nothing will change as long as Obama is in office & controls the Senate. 2014 Elections are coming - stop the madness!!
mastermariner
Champion Author Texas

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Message Posted: Jun 28, 2013 9:54:20 AM

Good for the country
LanguageMan1
Champion Author Tampa

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Message Posted: Jun 28, 2013 9:29:26 AM

Hopefully the little guy here or in Mexico won't get screwed over.
humblepie
Champion Author Toledo

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Message Posted: Jun 28, 2013 9:25:34 AM

iberals dont care about whats good for america, just keep the party line
schvanda63
Champion Author Lansing

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Message Posted: Jun 28, 2013 9:17:42 AM

Another NAFTA in the making? Let's use cheap Mexican labor and supplies to build the oil platforms and pipelines while US workers sit at home and collect unemployment benefits. And we will still pay top dollar for the end product.
teenitup
Champion Author Houston

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Message Posted: Jun 28, 2013 9:14:51 AM

With a majority of democrats voting against you know this would be a step in the right direction for North American energy independence.

This agreement, approval of Keystone XL and cooperation of this nature just makes too much sense, so democrats will object.
JerryJoeUC
Champion Author San Antonio

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Message Posted: Jun 28, 2013 9:12:57 AM

Okay.
skempton
Champion Author Vermont

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Message Posted: Jun 28, 2013 9:07:26 AM

Bet the leases will not bring in the hoped for money with all the drilling that is taking place on land.
bsnort
Champion Author Huntsville

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Message Posted: Jun 28, 2013 9:06:25 AM

the messiah will probably veto it, assuming it gets thru the senate.
screwoilco
Champion Author Sacramento

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Message Posted: Jun 28, 2013 9:03:14 AM

Failed to mention all the trailer bills included
gbs1
Champion Author Minnesota

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Message Posted: Jun 28, 2013 9:01:36 AM

Lets see if it passes into a final deal.
bills299
Champion Author Atlanta

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Message Posted: Jun 28, 2013 8:58:55 AM

Would this help create jobs?
whitebear1883
Champion Author Oakland

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Message Posted: Jun 28, 2013 8:58:20 AM

Huh - well, at least they can cooperate about something.
fedupMN
Champion Author Twin Cities

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Message Posted: Jun 28, 2013 8:54:24 AM

The only time the TEApublican house will pass anything is when it is in complete opposition to what the Democrats believe. As usual with 99% of legislation coming out of the house this will not advance.
TXRanger09
Champion Author Dallas

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Message Posted: Jun 28, 2013 8:53:37 AM

Payment disclosures are required under the Dodd-Frank law, aimed at preventing corruption and secrecy among the governments of resource-rich countries.--------------- I sure the Republicans will amend this glaring loophole that opens the door for both corruption and tax evasion.
busybee49
Champion Author Ohio

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Message Posted: Jun 28, 2013 8:51:40 AM

It must be a good thing if the majority of dems were against it.
Eagle3236
Champion Author Missouri

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Message Posted: Jun 28, 2013 8:47:18 AM

Interesting! Now let's just build the Keystone Pipeline!
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