U.S. Backs $1B Loan to Mexico for Oil Drilling Despite Obama Moratorium

[Rim05]

the U.S. Export-Import Bank intends to guarantee $1 billion in loans to PEMEX, the Mexican state oil company, to bolster the company's oil drilling in the region.

[B]I read the article and some of the comments. Maybe someone can tell me where the Obama administration is the one backing this loan. Most of the comments are blaming the Obama admin. for this.
I would ask, who has control/any control over the US Export-Import Bank. By the article it seems they can do what ever they wish to do.


WE HAVE FUNDED MUCH TOO MUCH FOR MEXICO. WE SHOULD OWN THE DAMN PLACE BY NOW.