Make Cuber the 58th state!
Another good reason to end the embargo.
And then can we end the embargo on ANWR?
They will be drilling OUR OIL, they have mighty big straws nowadays.
I wonder which Mark Perry this is? There was a far-left writer for the various “City Papers” many years ago, including DC.
Does anyone know who this guy is?
Oh yeah, dems won't let us.
There is some production in Cuba. A bonanza offshore? Let it play out.
BTW, I am in no way in favor of the Florida ban. It is important to recognize however that there is little onshore production in Florida. Ergo, unless there is something unique occurring offshore, don't count your barrels before they hatch.
One last comment: Parts of the panhandle are very prospective. If a big field is going to found in Florida, maybe it will be a pure wildcat, but likely more it will be found in under explored extension ["on trend"] of places where oil and gas are known to exist.Once again: Cantarell? ????
The Chinese are the world's capitalists now. We are on our way to becoming a failed socialist state consigned to the dustbin of history.
Well then, good for China and Cuba.
The nitwit assh@ts we have here making energy policy think if we can’t exploit our own resources, then nobody can.
Oil, being a fungible commodity, can then be sold back to us,
or used in their own countries.
We are now governed by vile, pernicious degenerates.
The Cubans couldn't know that unless they'd drilled the structure.
Cantarell is almost unique in the world, so it's fairly rash to say that whatever they're drilling in the Cuban OCS is "very similar".
Cantarell is an enormous mass-flow or slump deposit (submarine landslide) of carbonate shelf sediments mobilized by the Chicxulub bolide when it struck the Yucatan shelf in about 100'-300' of water (sea levels were higher than now), ending the Cretaceous Period and the Mesozoic Era.
Cuba's close enough that the Chicxulub (pron. "chick-shoo-loob") impactor could have mobilized the Cuban shelf-edge deposits in similar manner, so it's not totally outside the realm of possibility -- but for them to make the claim means that they would have to possess a very strong time-tie of the Cuban slump event to either the Chicxulub crater or the Cantarell debris flow.
If the Cubans are right and their play works, or even if it works for the wrong reasons (hell, let's not be picky), it would be a tremendous benefit for them and for the whole world economy, which could use some really big discoveries in the next 10 years. It would benefit the U.S. as well, even if nary a drop were sold into U.S. markets. It would go into world markets, and all would benefit. Now, if the Left manages to find a way to politicize world markets and screw everything up, then it doesn't matter how well the geologists or engineers or anyone anywhere does his job -- you can't stop political Leftists from screwing up everything they touch.
forget about the embargo.... BUY CUBA INSTEAD
20 billion barrels @ $75/barrel == $1.5 trillion
11,451,652 people in cuba
i would offer $50,000 to every citizen of cuba if they were to overthrow the cuban government, and the interim government would offer itself up to be a US commonwealth
for $572 billion we could get....
o 11 million people with $50,000 in an account looking to spend it
o no more communist dictators on the island
o no more national security concerns in cuba
o a (bigger) staging area for the southern hemisphere
o various natural resources
o a tourist destination
o $1 trillion in oil profits
We have plenty of areas oof the US where we can drill for oil...
Ending the Cuban Embargo will only enrich Castro and the Communists. It will just keep them in power longer.
We have learned, that, Free Trade with Communist China only enriches Communists....it does not change them. A Commie with money in his pocket is still a commie.
It is always the Commies and Free Traders who want to end the Cuban Embargo. Lifting the embargo will not help the Cuban people, as Castro and his goons will pocket all the money