In Texas, where optimists once forecast $100-a-barrel oil, bankers and economists are talking big about the effects of the proposed free-trade pact with Mexico.

Shrugging off last week's delaying ruling by a federal judge that forces the U.S. government to study the environmental impact of the proposed North American Free Trade Agreement, Texans remain gung ho about the pact, which would join the United States, Canada, and Mexico into the world's largest trading bloc.

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