jueves, octubre 20, 2011

Cuba drills where Obama fears to tread

Good news, domestic energy fans! After extraordinary delays, it looks like there will finally be some energy production activity in the Gulf of Mexico once again. This time it’s in the fertile fields to the south and west of Florida, employing some brand spanking new deep-water drilling rigs with all the latest technical features. This is terrific, and I’m sure you’ll all join me in congratulating President Obama for moving forward with this much needed expansion of …
What’s that? We’re not the ones doing the drilling? Then who is?
The government is doing what it can to ensure that the first full-scale oil exploration in Cuba’s part of the Gulf of Mexico will not endanger Florida’s pristine beaches that lie only miles away, the top drilling regulator told lawmakers on Tuesday.
But the assurances did not completely convince senators at a Capitol Hill hearing that the United States would be prepared to respond to a worst-case oil spill scenario in waters controlled by its long-time Communist foe.
The Cubans are partnering up with Spanish energy producer Repsol YPF SA and preparing to move a large, semi-submersible ocean going rig built in China into the gulf. They’ll be drilling roughly sixty miles off from the Florida Keys. Given the wide dispersal of that field, we could have already been tapping into those resources, but apparently the oil will go elsewhere. But fear not, sports fans! The president has a plan. He’s going to inspect the rig.
I’m sure that makes everyone feel better. More from The Hill.

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