Oil and gas air hugs

02/27/2012
Around the agreement between Mexico and the US allowing drilling near the maritime border, a question quietly nags: Would the administration of Barack Obama have pursued the deal if Petroleos Mexicanos were not already drilling deepwater wells and arousing concern about its ability to prevent and contain a spill? The administration's record, including its latest attempt to pick oil industry pockets, suggests not. But that record didn't keep administration officials at signing festivities Feb. 20 in Los Cabos from offering domestic production of oil and gas an air hug, lavishly qualified. "The Obama administration is committed to the responsible expansion of domestic energy production...
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