Cuba Announces Massive New Oil Reserves Off Its Coast
How do you say “drill baby drill” in Spanish?
The state-owned Cuban oil company says the country may have more than 20bn barrels of oil in its offshore fields – more than double the previous estimate.
Cubapetroleo’s exploration manager said drilling in the offshore wells would begin as early as the middle of 2009.
Such reserves would place Cuba among the top 20 oil producing nations.
You can bet Cuba will be taking advantage of this.
When will America be able to exploit its own off-shore oil resources? The moratorium on off-shore drilling has expired for now, but long-term the answer to that question lays in the hands of the Democrats.
It only shows our boneheaded policy towards Cuba. It could have been our oil companies drilling of Cuba’s coast if we had smoothed relations with them. We can trade with China, accept the communist regime there, but little Cuba? Nah! God forbid we normalise relations with Cuba because Castro is such a threat. He may convert Americas capitalist youth into flaming communists. We scream we can change China via trade, yet we refuse to apply that logic when it comes to Cuba.
As long as we’re not drinking our milk shake, they might as well.
This further underscores the smugness, incompetence, and disdain, with which the congress and the senate have approach our national dilemma with oil acquisition.
It’s a facial on the citizens of this great country, of the most vile nature…..
They force us to watch as others draw from the plentiful reserves in the gulf of Mexico.
Seditious…. I would argue that while we are in peril of an impending war in the middle-east, it is just shy of treasonous!
Taladro de perforación bebé
The international community is very close to resume diplomatic relations with Cuba. It will be interesting to see how it plays out. (Cuba’s Reforms)
Bullwinkle on October 17, 2008 at 07:29 pm
When have you tried to commence trade or normalise relations with Cuba?
You mean they’d grow up to be just like you, Ellinas?
What’s the lie about tax-free bonds again?
China has changed via trade. < Note the link, Marxist Liar. Cuba isn’t interested.
One question that appears to have been missed in this discussion is whether Cuba either needs or wants US involvement in exploiting her oil (or any other) resources. Why would she if one takes into account the hypocrisy and lies which underpin US (and British) involvement in Iraq and her oil resources ? Why expose herself to attempts of economic dominance that successive US governments and its crony relationships with oil companies have employed elsewhere in the world ? Cuba has stood resolutely and maintained her sovereignty and dignity against incessant US aggression for decades. She has the absolute right to decide the manner in which her own resources are used for the benefit of her own people. USA you blew the opportunity nearly 50 years ago. Get with it, there’s a new order: China buys your government paper to fund more consumption by the USA of products made in China – where’s the dignity in that ? The leaders of your financial institutions have been shown to be self-serving and self-aggrandising without humility (how many have fallen on their own swords to acknowledge the hardship and burden they are responsible for loading onto the shoulders of US tax payers ?). The USA becomes increasingly dependent on foreign sources of investment to sustain (a deficit driven economy): where is the self-respect in that ? The USA now needs the rest of the world more than the rest of the world needs the USA.
They should they can finally get all the bans lifted if they play there cards right. They need this capital to keep up there way of life.
- lying Marxist piece of shit, Ellinas
I smoked a couple of their cigars, visited occasionally over the years, and left them to wallow in their Communism.
What have you done?
Lying your Marxist ass off and supporting Obama doesn’t count, Marxist.
One question that appears to have been missed in this discussion is whether Cuba either needs or wants US involvement in exploiting her oil (or any other) resources. Why would she if one takes into account the hypocrisy and lies which underpin US (and British) involvement in Iraq and her oil resources ? Why expose herself to attempts of economic dominance that successive US governments and its crony relationships with oil companies have employed elsewhere in the world ? Cuba has stood resolutely and maintained her sovereignty and dignity against incessant US aggression for decades. She has the absolute right to decide the manner in which her own resources are used for the benefit of her own people. USA you blew the opportunity nearly 50 years ago. Get with it, there’s a new order: China buys your government paper to fund more consumption by the USA of products made in China – where’s the dignity in that ? The leaders of your financial institutions have been shown to be self-serving and self-aggrandising without humility (how many have fallen on their own swords to acknowledge the hardship and burden they are responsible for loading onto the shoulders of US tax payers ?). The USA becomes increasingly dependent on foreign sources of investment to sustain (a deficit driven economy): where is the self-respect in that ? The USA now needs the rest of the world more than the rest of the world needs the USA.
One question that appears to have been missed in this discussion is whether Cuba either needs or wants US involvement in exploiting her oil (or any other) resources. Why would she if one takes into account the hypocrisy and lies which underpin US (and British) involvement in Iraq and her oil resources ? Why expose herself to attempts of economic dominance that successive US governments and its crony relationships with oil companies have employed elsewhere in the world ? Cuba has stood resolutely and maintained her sovereignty and dignity against incessant US aggression for decades. She has the absolute right to decide the manner in which her own resources are used for the benefit of her own people. USA you blew the opportunity nearly 50 years ago. Get with it, there’s a new order: China buys your government paper to fund more consumption by the USA of products made in China – where’s the dignity in that ? The leaders of your financial institutions have been shown to be self-serving and self-aggrandising without humility (how many have fallen on their own swords to acknowledge the hardship and burden they are responsible for loading onto the shoulders of US tax payers ?). The USA becomes increasingly dependent on foreign sources of investment to sustain (a deficit driven economy): where is the self-respect in that ? The USA now needs the rest of the world more than the rest of the world needs the USA.
BTW, Lying Marxist scumbag, I didn’t TRY anything, I DID. I know that concept is foreign to you (doing something instead of whining like a little bitch) but feel free to give it a try.
– Mark Gibson
Nice straw man you built there, Mark.
Who said Cuba wanted or needed America’s help?
Your need to work in your version of world politics and attack America is pathetic. Like you.
Whatever happened to the Left’s claim that the U.S. can’t drill it’s way to energy independence?
Surely some of you Leftists are smart enough to realize that Cuba might just prove that lie to be a lie. You know, the lie you all keep telling.
Something about watching Marxists being hung on their own petard makes my day. Watching them hung on Castro’s is even better.
They are too stupid to realize it is even happening. Someday they might get it, but they’ll never be honest enough to admit. Ever.
Yet the rest of the world is terrified of the economic situation in the US. Because if our economy collapses, the rest of the world goes with it.
However, those Cubans are also probably saying, “Nos alegramos de los Estados Unidos es demasiado tonto para ver los detalles aquÃ.”
Go here for a translation. Just copy and paste without the italics. It’s a site we use have to use all the time here in Southern California.
¡Viva el honor y la integridad
I don’t know if this oil is being stolen off our coast, but it is highly likely that the Cubans are tapping into oil deposits that America could have tapped into if not for the environmental extremism of our political class Bboth parties).
The Pelosi Congress snoozes, we lose.
I don’t think buying a handful of illegal cigars has done much for Cuba.
I saw an article after the recent hurricane hits on Cuba where the spokesperson told one of our noncurious leftist reporters how well they had handled the hurricanes and subsequent floodings. The sp told the reporter that everyone was doing well, they had moved them to shelters, plenty of food, etc. Unfortunately, they accompanied the article with photos. The people were stuffed into shed-like buildings, most without walls, cruddy cots crammed together so tight you couldn’t walk, no bathrooms, no real food in sight. Then it showed them returning home on large cattle trucks, packed like cattle. The sp said that we should take note of how well they handle things vs. USA. It made the Dome during Katrina look common. Say hi to socialism.
Ironically, this will be a blow to Venezuela’s fawning dictator and Castro sycophant, Hugo Chavez.
Venezuela’s oil is a heavy crude, hard to refine and thus harder to market in a world where demand in already diminishing. Cuba’s discoveries, if proven, mean that they will have no need to buy from Venezuela any longer.
Meanwhile, Chavez is spending ever larger portions of his country’s diminished oil revenues try to stabilize the same sort of economic policies apparently favored by Barack Obama (/H/T: Joe the Plumber!). An effort which will ultimately re-make Venezuela into a carbon copy of Zimbabwe.
I just love the irony!
China hasn’t really changed tho. We’ve just made them a stronger dictatorship. As even your article notes, the political never changed…just the economic.
It shows what would happen if we traded with Cuba.
This isn’t by chance being stolen off our coast, the same coast we can’t drill on?
My point, exactly. I’ve done next to nothing to support Castro. Never intended to. That’s a whole lot more than Ellinas has done.
Whining like a little bitch doesn’t help the people Ellinas says he wants to help.
What has the lying Marxist piece of shit actually done to help his comrades?