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Cuba's Oil Quest to Continue, Despite Deepwater Disappointment

National Geographic Daily News -- An unusual high-tech oil-drilling rig that's been at work off the coast of Cuba departed last week, headed for either Africa or Brazil. With it went the island nation's best hope, at least in the short term, for reaping a share of the energy treasure beneath the sea that separates it from its longtime ideological foe.

For many Floridians, especially in the Cuban-American community, it was welcome news this month that Cuba had drilled its third unsuccessful well this year and was suspending deepwater oil exploration. (Related Pictures: "Four Offshore Drilling Frontiers") While some feared an oil spill in the Straits of Florida, some 70 miles (113 kilometers) from the U.S. coast, others were concerned that drilling success would extend the reviled reign of the Castros, long-time dictator Fi


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Submitted Nov 28, 2012 By: NHLiveFree
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Cuba's Oil Quest to Continue, Despite Deepwater Disappointment Back to Topics
REPLIES (newest first) Post a Reply
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jrs4125
Champion Author Indiana

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Message Posted: Nov 29, 2012 6:37:56 AM

Alrighty then for Cuba.
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BM4225
Champion Author Atlanta

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Message Posted: Nov 29, 2012 6:37:32 AM

Well they can't depend on Russia any more.
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Nicoalbum
Champion Author Ottawa

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Message Posted: Nov 28, 2012 11:48:03 PM

Cuba's making its way through
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PDQBlues
Champion Author San Diego

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Message Posted: Nov 28, 2012 11:40:29 PM


They'll look elsewhere.
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spiderjay
Champion Author Little Rock

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Message Posted: Nov 28, 2012 6:33:09 PM

not everywhere has oil
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nsdp
Champion Author San Antonio

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Message Posted: Nov 28, 2012 12:16:59 PM

It is also a poster boy for why none of the big oil companies are interested in drilling of the US East Coast as some idiot politicians propose. You have the same geology all the way to Halifax and off the west coast of Florida known as the Destin (Dustin for all the dry holes in the 80's)Dome. Hibernia is associated with Greenland and Newfoundland tectonically not Labrador and south.

Cuba has proved that any one wanting to drill off Virginia and the Carolias is mentally incompetent.
"Drill baby drill" only works when there is oil there in the first place contrary to what some people here think.


[Edited by: nsdp at 11/28/2012 12:23:17 PM EST]
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eschroth442
Champion Author Cleveland

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Message Posted: Nov 28, 2012 12:13:24 PM

TOO BAD.. LOL
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MrDeath666
Champion Author Houston

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Message Posted: Nov 28, 2012 10:43:36 AM

Cuba is a poster boy on how socialism never works.
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md11capt
Champion Author Denver

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Message Posted: Nov 28, 2012 9:45:01 AM

And for their next great trick?
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Holly123
Champion Author Charlotte

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Message Posted: Nov 28, 2012 9:32:09 AM

Alrighty ...
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sivart
Champion Author Arkansas

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Message Posted: Nov 28, 2012 9:24:41 AM

Good job, boys!!!
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olebufnav
Champion Author Omaha

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Message Posted: Nov 28, 2012 9:22:20 AM

Frack both Castros while we are at it...
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scrossi
Champion Author Indiana

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Message Posted: Nov 28, 2012 9:22:17 AM

Probably us acvw74.
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Badmoon
Champion Author Massachusetts

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Message Posted: Nov 28, 2012 9:21:54 AM

They'll try again in the future.
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dopster
Champion Author Toledo

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Message Posted: Nov 28, 2012 9:21:20 AM

Hope they continue to fail!
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magsec123
All-Star Author Mississippi

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Message Posted: Nov 28, 2012 9:20:54 AM

Ok
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uglytom
Champion Author Florida

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Message Posted: Nov 28, 2012 9:20:23 AM

Fine with me.
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36IHBinder
Champion Author Illinois

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Message Posted: Nov 28, 2012 9:19:36 AM

k
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Edpap
Champion Author Pennsylvania

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Message Posted: Nov 28, 2012 9:16:57 AM

how to say loser in cuban?
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ejl2000
Champion Author New Jersey

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Message Posted: Nov 28, 2012 9:14:50 AM

Cuba can't do anything right!!!
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nerde
Champion Author Florida

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Message Posted: Nov 28, 2012 9:14:42 AM

How do you say "drill baby drill" in spanish?
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prius22
Champion Author Twin Cities

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Message Posted: Nov 28, 2012 9:14:26 AM

Communism doesn't work, even barrys won't.
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sit
Champion Author Cleveland

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Message Posted: Nov 28, 2012 9:13:26 AM

Didn;t know they drilled.
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cobbwebb
Champion Author New Hampshire

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Message Posted: Nov 28, 2012 9:12:44 AM

hmmm
Maybe Venezuela could help them out
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acvw74
Champion Author Illinois

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Message Posted: Nov 28, 2012 9:12:39 AM

Would they have enough funds to clean up a spill...or would it fall to our us?
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kyrunner
Champion Author Lexington

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Message Posted: Nov 28, 2012 9:12:30 AM

Cuba will remain communist as long as any Castro or their relatives are in power.
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Peachy1
Champion Author St. Louis

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Message Posted: Nov 28, 2012 9:12:16 AM

Hope this works for Cuba. They could use the help.
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SycamoreISU
Champion Author Indiana

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Message Posted: Nov 28, 2012 8:55:10 AM

It's just as well that a proven failed economic structure didn't get an income stream.
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Buck_on_Bass
Champion Author Tennessee

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Message Posted: Nov 28, 2012 8:51:08 AM

For 50 years the embargo have not worked, a new plan is needed. Moving to reduce the embargo will establish a path for the US to influence a peaceful government transition in Cuba. This could start before the Castros are no longer leading the country. Reducing the embargo will also reduce Chavez's influence on Cuba.
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bruceha2000
Champion Author Vermont

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Message Posted: Nov 28, 2012 8:41:27 AM

"The regime's latest efforts to bolster their tyrannical rule through oil revenues was unsuccessful," said U.S. Representative Ileana Ros-Lehtinen, a Florida Republican who chairs the House Foreign Affairs Committee"

How is she so blinded that she can't see:

"As with every aspect of its economy, its choices for making up the shortfall are sorely limited by the 50-year-old United States trade embargo.

At what could be a time of transition for Cuba, experts agree that the failure of deepwater exploration increases the Castro regime's dependence on the leftist government of Venezuela, which has been meeting fully half of Cuba's oil needs with steeply subsidized fuel." If she WANTS the Castros gone, she should be advocating we get rid of the embargo which has done nothing in 50 years to get them out of power. They'll both be dead and the Cuba-American community will still say we need the embargo.

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7SPEEDY7
Champion Author Flint

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Message Posted: Nov 28, 2012 8:41:09 AM

Wow!
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RobertSpratt
Champion Author Virginia Beach

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Message Posted: Nov 28, 2012 8:36:17 AM

Okay
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survken
Champion Author Indiana

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Message Posted: Nov 28, 2012 8:31:03 AM

Communism...
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Gville
Champion Author Ohio

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Message Posted: Nov 28, 2012 8:29:36 AM

Three deepwater drilling efforts and no success? What is going on? Incompetence on the part of the drillers/geologists or is the government drilling and hoping?
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Tnerbeel
Champion Author Houston

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Message Posted: Nov 28, 2012 8:29:01 AM

No matter, they can get all they need from their buddy Chavez.
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gcalleja
Champion Author Miami

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Message Posted: Nov 28, 2012 8:28:50 AM

Who wants to do business with bad guys? We trade with China because it's too big to ignore.
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Sneakers55
Champion Author Houston

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Message Posted: Nov 28, 2012 8:19:32 AM

On Nov 28, 2012 7:02:00 AM, jay93LA wrote:

>we have trade with China Russia why not Cuba

There are six billion dollars of unresolved claims against Cuba, and besides the US wants to look tough.

So we have severely limited trade with Cuba.


[Edited by: Sneakers55 at 11/28/2012 8:25:24 AM EST]
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miser73
Champion Author Gary

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Message Posted: Nov 28, 2012 8:15:06 AM

Cuba is an example of failed ideology that claims to serve its citizens but in reality serves only its leaders.
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Sam1004
Champion Author Indianapolis

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Message Posted: Nov 28, 2012 8:14:03 AM

The failure may not stop the Castros, but hopefully it'll slow them down a bit. I wish them much luck (all of the bad variety) in their next drilling endeavor.
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joekool1
Champion Author Toledo

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Message Posted: Nov 28, 2012 8:13:29 AM

they have lived over a half century with sanctions
and dont appear to care very much, oil ot no
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BartBuzz
Champion Author Atlanta

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Message Posted: Nov 28, 2012 8:11:52 AM

I feel better knowing this.
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netman044
Champion Author Texas

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Message Posted: Nov 28, 2012 8:11:36 AM

They will attract other companies if the geology looks promising.
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Beardog1FL
Champion Author Florida

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Message Posted: Nov 28, 2012 8:11:36 AM

Good for Florida.
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ByGuy
Champion Author Dallas

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Message Posted: Nov 28, 2012 8:10:49 AM

Dictatorship works, for the dictator.
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wegman
Champion Author Twin Cities

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Message Posted: Nov 28, 2012 8:10:34 AM

As long as the Communists are running Cuba, they will continue to be an economic basket case.

Which is a GOOD thing.

Unfortunately, the national disaster that was Election Day 2012 has a President whose economic instincts are more aligned with Cuba's than the free market.
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torch347
Champion Author Indianapolis

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Message Posted: Nov 28, 2012 8:09:58 AM

Not too sure if this is good news or bad.
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PENNYPINCHR
Champion Author Twin Cities

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Message Posted: Nov 28, 2012 8:08:50 AM

Sounds like good news to me................
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Banjoe
Champion Author Winnipeg

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Message Posted: Nov 28, 2012 8:08:21 AM

Those poor folk just can't catch a break. Time to bring the mob back.
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drawee
Champion Author Texas

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Message Posted: Nov 28, 2012 8:08:20 AM

Cuba's SNAFU
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I10Express
Champion Author San Antonio

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Message Posted: Nov 28, 2012 8:06:34 AM

Getting into oil could be the first step to turning Cuba to a capitalist society.
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