Then again maybe not…

After the hype over the new Mexican oilfield discovery, a little reality check on the details and the motive behind the announcement.

MEXICO CITY, Aug. 30 — Officials at Mexico’s state-owned oil monopoly said Monday that the company has detected massive new oil deposits in the Gulf of Mexico that could potentially double the country’s reserves, but industry analysts cautioned that the company’s findings are still unproven.

http://www.washingtonpost.com/wp-dyn/articles/A47535-2004Aug30.html