Everyone has heard about The White House helping China out by saying no to the Keystone Pipeline project.
Most have heard about The White House doing it’s damnedest to prevent the exploitation of both on-shore and off-shore oil and gas reserves in CONUS.
But I wonder if you’ve heard this tid-bit?
Cuba gives The Finger to the US! (my title).
Highlight 1:
Starting next week, Spanish oil giant Repsol YPF, working in partnership with Norway’s Statoil and ONGC Videsh, a unit of India’s Oil and Natural Gas Corp, is expected to drill at least two wells in Cuban waters about 70 miles from the Florida Keys.
Highlight 2:
The only part of the rig said to be American-made is the blowout preventer, the part that failed in the BP disaster.
Cuba is hoping oil will ease its chronic economic woes and bring energy independence. It currently receives 115,000 barrels a day from its oil-rich socialist ally Venezuela.
Chronic economic woes and energy independence? I know I’ve heard those words before? These stories have national security ramifications that are maybe less immediate than slashing the DOD budget… but hardly less important at that.
Folks, there has GOT to be a punch line coming?