Don't Go Into The Light

This is good news:

MEXICO CITY (AP) - Mexico has made a deep-water oil discovery in the Gulf of Mexico that could be larger than the country's giant Cantarell offshore field, President Vicente Fox said on Monday.

The oil find is under 950 meters (3,117 feet) of water and a further 4,000 meters (13,120 feet) underground, Fox said in an interview with Dow Jones Newswires.

This is good news because every drop of oil found in a stable region offsets oil from unstable ones. Also, Mexico lacks the resources to exploit deep water oil, so there's opportunity for U.S. companies to get some work out of this.

Of course, we still have a refinery shortage problem to fix...

And it goes without saying that we'd be finding oil too if there weren't so many people getting in the way.