Mexico, U.S. sign cross-border deep water oil deal

Via Scoop.itEarth Island Institute Philippines

DANGERS IN DEEP WATER: “Mexico’s oil industry regulator worries Pemex does not have the capability or the safeguards in place to move into ultra-deep drilling… Safety concerns loom large after the explosion on BP’s Deepwater Horizon rig in April 2010 that killed 11 workers and spewed more than 4 million barrels of oil into the Gulf.”