This sounds encouraging.
Check it out:
The budget deal announced on Tuesday by Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) would approve a U.S.-Mexico agreement that enables offshore drilling cooperation along a maritime boundary in the Gulf of Mexico.
The deal, which calls for $1.012 trillion in federal spending in 2014, gave the Interior Department the go-ahead on the agreement.
The drilling pact — which backers say would provide much needed certainty to allow development along the Gulf boundary — ultimately opens up oil and gas reservoirs across 1.5 million acres of the outer continental shelf.
In October, the Senate passed a bill that would implement the pact, but the House-approved bill gave companies operating under the U.S.-Mexico pact waivers from a Dodd-Frank law mandate to disclose payments form foreign governments.