Cuba Will Drill Deeper Than BP In The Gulf Off The Coast Of Florida

From Gateway Pundit:






Cuba Will Drill Deeper Than BP Off Coast of Florida

Posted by Jim Hoft on Thursday, September 30, 2010, 5:39 AM

For decades, democrats have blocked one effort after another to responsibly develop the energy resources our country possesses, transforming vast areas of opportunity into “The No Zone.”



Because of current U.S. policy, U.S. companies are prohibited from developing oil fields that lie in Cuban waters and come within 50 miles of Florida. However, Cuba is exploring and potentially developing these oil fields, estimated by the U.S. Geological Survey to possess more oil than the Alaska National Wildlife Refuge, and Cuba is partnering with China and other countries, such as Spain, France, and Canada.



The Castro Regime will begin drilling off the coast of Florida next year and will go deeper than the Deepwater Horizon rig that exploded in the Gulf of Mexico in April.

The Miami Herald reported:



Cuba is expected to begin drilling offshore for oil and gas as soon as next year with equipment that will go deeper than the Deepwater Horizon rig that exploded in the Gulf of Mexico, industry experts say.



The Spanish energy company, Repsol, which drilled an exploratory well in 2004 off the coast near Havana, has contracted to drill the first of several exploratory wells with a semi-submersible rig that is expected to arrive in Cuba at the end of the year, said Jorge Piñon, an energy expert and visiting research fellow at the Cuban Research Institute at Florida International University. He said the rig is expected to drill down 5,600 feet in an area about 22 miles north of Havana and 65 miles south of the Marquesas Keys.



The development comes as 20 Cuban scientists joined their American and Mexican counterparts at the Mote Marine Laboratory in Sarasota this week to finalize a long-term marine research and conservation plan for the three countries.



Luis Alberto Barreras Cañizo, who led the Cuban delegation as a representative of Cuba’s Ministry of Science, Technology and the Environment, confirmed the plans for exploration. “Cuba needs to find its oil, it’s a resource Cuba needs,” he told the Bradenton Herald in an interview.



Environmentalists suggested the prospect of rigs just 45 miles from Florida’s coastline could intensify pressure for the Obama administration to engage in talks with its Cold War antagonist to prevent ecological damage.



Hat Tip Ramus



Barack Obama knew that his deepwater drilling moratorium would cost at least 23,000 jobs but went ahead with it anyway.