Regis Philbin
Nov 25th, 2007, 10:41 PM
While the U.S. worries about spoiling the view from the Florida coast and ruining the habitat of the spinycrested caribbean sea urchin, or whatever, the Cubans (and the Chinese) are sucking up all the oil off the coast. That could (should) be our oil. :redmad:
http://www.foxnews.com/story/0,2933,196891,00.html
U.S. Concerned By Cuban Oil Drilling Off Coast
Cuba is leasing oil drilling rights off its northwest shores. Some in the United States say the federal government should swallow its distaste of Fidel Castro and allow U.S. companies to bid on the rights. Others say no one should be drilling just 50 miles off Key West.
The U.S. trade embargo is 44 years old. The potential reserve that might be located in the area is more than one billion barrels.
"The Cuban government is currently leasing their oil reserves. They're going to get money. The question is from whom." said Sen. Larry Craig, R-Idaho, a member of the Senate Committee on Energy and Natural Resources.
The 1962 trade embargo, designed to punish the Castro government, has come under attack in recent years from lawmakers in agricultural states who already sell limited amounts of food to Cuba under humanitarian agreements.
But the ongoing embargo is supported by Cuban-Americans, a key voting bloc in Florida. Opponents say scrapping the embargo would mean funneling money into a repressive dictatorship.
http://www.foxnews.com/story/0,2933,196891,00.html
U.S. Concerned By Cuban Oil Drilling Off Coast
Cuba is leasing oil drilling rights off its northwest shores. Some in the United States say the federal government should swallow its distaste of Fidel Castro and allow U.S. companies to bid on the rights. Others say no one should be drilling just 50 miles off Key West.
The U.S. trade embargo is 44 years old. The potential reserve that might be located in the area is more than one billion barrels.
"The Cuban government is currently leasing their oil reserves. They're going to get money. The question is from whom." said Sen. Larry Craig, R-Idaho, a member of the Senate Committee on Energy and Natural Resources.
The 1962 trade embargo, designed to punish the Castro government, has come under attack in recent years from lawmakers in agricultural states who already sell limited amounts of food to Cuba under humanitarian agreements.
But the ongoing embargo is supported by Cuban-Americans, a key voting bloc in Florida. Opponents say scrapping the embargo would mean funneling money into a repressive dictatorship.