PEACE BE UNTO ALL THE TRUTHERS,SEEK KNOWLEDGE FROM CRADLE TO GRAVE

''MAKE SURE TO ALWAYS CLICK ''OLDER POSTS''AS FRONT PAGE DOES NOT CONTAIN '' FULL CONTENTS OF DAILY POSTS AND UPDATES''


Wednesday, June 23, 2010

USA-Cuba: Drilling the embargo http://coto2.wordpress.com/2010/06/22/usa-cuba-drilling-the-embargo/

One side-effect of the BP oil spill disaster in the Gulf may be a more pragmatic approach to Cuba by the Obama administration. As this article points out, American officials are yet in “working-level discussions” with the Cuban government about the oil spill.

But, beyond the present hour urgencies, there are long term issues at stake. Cuba is about to explore its off-shore oil reserves in the North Basin right in front of the Florida coastal shores with the help of Spanish, Chinese, Brazilian and Norwegian technologies. Suddenly, the American government realizes that they are isolated by virtue of the embargo policy and lack a word in a risky ongoing development concerning a mayor economic place.

No comments: