TexasAggie98

TexasAggie98 t1_jdkk0tn wrote

And just think, this doesn’t include the billions and billions in drugs, cash, sex slaves, and guns that cross the border illegally or the millions of illegals.

Legally and illegally, Texas and Mexico are joined at the hip economically. It is in all of interests for Mexico to restore the rule of law and civil society so that these trade values can go even higher.

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TexasAggie98 t1_j22nw0k wrote

I can tell from your comment that you didn’t read the article.

Trinidad didn’t reject the BP-Shell consortium’s bid due to morals; it was rejected for not being high enough.

Trinidad wanted a higher lease bonus and firm drilling commitments from the consortium. The consortium offered a low bonus and only offered a commitment to shoot and analyze 3-D seismic.

What this means is that the blocks offered aren’t that prospective and the international oil companies didn’t want to commit hundreds of millions or billions of dollars of exploration capital without a better understanding of the geology.

A deep water well can cost over $200 million; a company isn’t going to commit to multiple wells without multiple defined high-quality prospects.

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