Press Release

Congressman Henry Cuellar releases statement on U.S.-Mexico Hydrocarbon Agreement

Bill to establish a cooperative process between U.S. and Mexico for managing Gulf of Mexico for joint oil exploration

f t # e
Washington, June 27, 2013 | comments

Congressman Henry Cuellar (D-TX28) released the following statement regarding the Transboundary Hydrocarbon Agreements Authorization Act:

Click to watch Congressman Cuellar’s remarks on the House Floor on 06-25-13

“This bill would allow oil and natural gas production on 1.5 million acres that were previously off-limits because of border issues. It’s been over three years since President Obama and then-President Calderon agreed on the need to finalize a binational agreement such as this, which now needs to be ratified by Congress,” said Congressman Cuellar. “Exploration and production of oil and gas is vital to our economic growth and national security. This agreement promotes the sharing of reservoirs shared by both nations while strengthening economic ties between the two countries and protecting the environment.”

f t # e