Well, it turns out that Mexico has seen the light and doesn't want to participate with the US in another "lost decade." Mexico has now philosophically lifted the permitorium in the Gulf but regulatory problems still exist:
Mexico is seeking to reverse seven years of crude output declines, including the lowest daily average since 1990 last year, after output from its Cantarell field, the world’s third- largest deposit when it was discovered in 1976, slid more than 75 percent since 2006. Pemex missed its goal of increasing output for the past two years.So, at least Mexico is trying to remove its permitorium in the Gulf of Mexico.
The company’s international plans are focused on finding partners for deepwater projects in the U.S. coast of the Gulf of Mexico and for shale in the U.S., Suarez Coppel, 53, said. Mexican regulatory delays prevented one possible deal for deepwater exploration in the U.S., he said, without elaborating.
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