I think Matt is essentially correct when he says that all the Petro folks (and Petro himself) should tell Taft to get in line behind the legislative deal.
But let's give them a little time here, to sort out all the political implications. The news this week has come fast and furious and I'm sure their heads are spinning as fast as ours are.
Also the original article makes it clear that Taft is concerned that the members of the petition committee are not Blackwell and that he wants a commitment from them that he does not currently have.
I think a deal could still be had if Taft gets commitments from the petition committee that they will yank the amendment when the legislative TEL is passed (and approved by Taft).
I also agree that if Taft wants them to yank it before the law is passed, he should be told to go pound sand.