Dolia Estevez 

Dr. John Womack Jr.      

Federal Reserve Banking System

Federal Reserve Chairman Dr. Ben S. Bernanke

International Business Times (Obama, Calderon agree on U.S.-Mexico framework on clean energy)

Mexican President Felipe Calderon

Mexican Solar Energy Association (

Mexican Studies at Harvard

U.S.-Mexico Announce Bilateral Framework on Clean Energy and Climate Change

U.S., Mexico Collaborate on Renewable Energy

U.S. President Barack Obama

U.S., Mexico Sign Deal on Oil Drilling in Gulf


Courtesy The Wall Street Journal  

The U.S. and Mexico have reached an agreement that would allow oil and gas drilling on more than 1.5 million acres in the Gulf of Mexico, resolving a dispute that has left those areas in limbo for more than a decade.

The agreement signed Monday by U.S. Secretary of State Hillary Clinton and Mexican Foreign Minister Patricia Espinosa in Los Cabos, Mexico, establishes a legal framework for U.S. companies to develop offshore energy projects with Petroleos Mexicanos, the Mexican state oil company known as Pemex, in areas that straddle the two nations' maritime border. The acreage runs due east from the U.S.-Mexico border to a point more than 200 miles south of the mouth of the Mississippi River, and includes areas where the water is almost 11,000 feet deep.

The agreement also allows U.S. and Mexican safety officials to work together to ensure the projects meet the safety standards of both nations and sets the groundwork for more cooperation to develop uniform safety guidelines for offshore energy development.

The safety agreement is particularly important as Pemex prepares to drill a site near the U.S. maritime border in 9,000 feet of water, nearly twice as deep as the well drilled by the doomed Deepwater Horizon rig in 2010. Officials on both sides of the border have expressed concerns about Pemex's ability to safely handle such a complex project since it has done relatively few deep-water projects compared with operators in U.S. waters and none as deep as 9,000 feet.

"We're moving forward with Mexico to make sure we have a common set of safety protocols," U.S. Secretary of the Interior Ken Salazar said in a conference call.

Mexico, the U.S.'s No. 2 oil supplier behind Canada, has seen its offshore oil production drop for seven straight years and has only about 10 years of proven reserves of crude. The deep-water project is seen as an attempt to reverse that trend.

Houston-based Helix Energy Solutions Group Inc. has discussed providing a system to Pemex to contain a subsea oil leak like the one that occurred following the April 2010 Deepwater Horizon accident off Louisiana, but no firm agreement has yet been reached, according to a spokesman for Helix.

The areas that are part of the agreement may contain as much as 172 million barrels of oil and 304 billion cubic feet of natural gas, according to the U.S. Bureau of Ocean Energy Management.

The bureau included some of the acreage in a lease sale in December, with the understanding nothing would be finalized until the dispute was settled. The area is near successful projects such as Royal Dutch Shell PLC's Perdido production platform, which is producing about 90,000 barrels of oil equivalent per day.

U.S., Mexico Strengthen Ties With Oil Drilling Agreement

By John M. Kocol


With this signing, President Obama (in my opinion) implies that the United States and Mexico have much more in common regarding potential clean energy supplies than America and Canada have. Ladies and Gentlemen, oil sands from Canada is too dirty, and too labor intensive to ever become a practical source of fuel for the U.S.

Canada controls 100% of these dirty oil sands, and they have stated that they are willing to sell their fuel to any country, even if that nation is a competitor of the United States. Further, Canadian oil executives seek billions from U.S. investors to develop these regions which is outrageous. 

Meanwhile, determining which country owns the very valuable oil in the Gulf of Mexico is not so clear which makes this treaty a win-win situation for both Americans and Mexicans. This is a joint energy venture between our two great nations.   

This signing is also a major setback for the supporters of the Keystone Pipeline, and a huge political win for President Obama. He is opposed (I am also) to the construction of that pipeline through some of America's most treasured environmental areas.

With the help from our southern neighbor and friend, President Obama can now finally claim that the United States does have an energy policy that will not ruin forever our beautiful wetlands and forests.              


United States, Mexico to Strive for Clean Energy Economies  

President Obama and Mexican President Felipe Calderón met April 16, 2009 in Mexico City. 

Washington — The United States and Mexico have formed a partnership to create clean energy economies and reduce the effects of global warming.

“Together, we’re establishing a new bilateral framework on clean energy and climate change that will focus on creating green jobs, promoting renewable energy, and enhancing energy efficiency,” President Obama said at a joint press conference April 16 with Mexican President Felipe Calderón in Mexico City.

A White House fact sheet on the new energy-security framework said it will focus on: renewable energy, energy efficiency, adaptation, market mechanisms, forestry and land use, green jobs, low-carbon energy technology development and capacity building. It is also being designed to reduce greenhouse gas emissions that contribute directly to global warming, and to strengthen the reliability and flow of cross-border electricity that lessens the impact on climate.

“This is a priority for the United States. I know it’s a priority for President Calderón,” Obama said.

Calderón said the initiative means the two nations will work together to guarantee better certainty and transparency in energy security and reduce global warming by making better use of cross-border resources such as natural gas and energy.

“I have given to President Obama concrete proposals on climate change,” he said through an interpreter at the press conference. “One of them has to do with the integration of a bilateral market of carbon emissions, which coincides a lot with proposals that he has made to the U.S. audience, and other … ways of cooperation in climate change, such as something that Mexico has proposed called the Green Fund.”

Over the coming weeks, senior U.S. and Mexican officials will work to provide details of the joint effort, including:

• Collaborating on training and information exchanges for government officials to explore cooperation on greenhouse gas inventories, reduction methods and market mechanisms.

• Working with border states to provide an information exchange and joint work on renewable energy, such as wind and solar power.

• Expanding extensive bilateral collaboration on clean energy technology to encourage renewable energy development and reducing obstacles to energy transmission and distribution between the countries.

• Promoting academic and scientific exchanges on renewable energy.

• Pursuing projects on adapting to climate change.

• Working with other nations to take advantage of growing Mexican expertise in greenhouse gas inventories, adaptation and project planning.

Mexico and the United States will develop a financial architecture that mobilizes investment in climate-friendly technology.

Obama and Calderón left Mexico City for Port of Spain, Trinidad and Tobago, to attend the fifth Summit of the Americas being held April 17–19. Energy security and climate change are essential issues that will be discussed during the three-day meeting of leaders from the 34 democratic nations of the Western Hemisphere.