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Religion & Law

: Constitutionally Correct

U.S. loaned Mexico more than $1 billion to drill oil in Gulf of Mexico last year; $1 billion more planned for this year

By Alliance Alert

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CNSNews: "The U.S. Export-Import Bank, an independent federal agency, loaned more than $1 billion to the Mexican state oil company PEMEX in 2009 to support the company?s oil drilling in the southern Gulf of Mexico. The bank has another $1 billion in loans in the pipeline for 2010, unless Congress objects."

Full post as published by Constitutionally Correct on September 08, 2010 (boomark / email).

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