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Saturday, December 17, 2011

MooPig's Latin Dialogue :: "Cuban Offshore Drilling"

Article Review
Retrieved by Pat Darnell | Dec 15, 2011 | Bryan TX

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The Gulf of Mexico Deep Horizon drilling disaster by BP, British Petroleum, last year brings home the dirty laundry to the Gulf Coast. It isn't only one isolated incidence, but it has caused a great deal of loss. Some sabre rattling from the POTUS, Pres of the United States, put future deep wells in jeopardy by banning offshore drilling, and thereby jobs too are lost.

I think many speculate whether the US can get back on top as number one producer of oil or not. It seems to be the competitive spirit talking when one reads about the various oil exploits today, following the BP Gulf of Mexico oil spill, burning drill rig, disaster.

This article from September 2011 tells of exploration beginning this month around Cuba for deep well drilling sites.
" ... The [China built] rig will not be operated by Cuba, but by foreign partners, led by the Spanish energy company Repsol. Geologists have estimated there may be 5 billion to 20 billion barrels of undersea oil off the island's northwest coast, enough to make Cuba a significant producer. (Miroff, Nick. Sep 12, 2011. HERE )... "
Offshore oil drilling is banned on Florida's coast today, but this Cuban rig will be only 60 miles away from Florida. Any oil spill would imapact Florida's coast and the Atlantic states'.
" ... [ former EPA Administrator William Reilly ] "They know they've never regulated oil and gas in the offshore environment before. They know it's an order of magnitude more sophisticated and more risky. They're going to go very deep. All of those are going to require training, expertise and a culture they've not had. They've got a lot to do."
The point is that jobs have gone away in the shadow of the BP Gulf of Mexico disaster. With offshore drilling banned in parts of the Gulf Coast, " ... Hunt said thousands of jobs could be created if American drilling equipment suppliers and cleanup contractors along the Gulf Coast were licensed to do business with Cuba. If not, he said, cleanup supplies might have to come from as far away as England or Brazil. ... "

Read entire Article here: Cuban Offshore Drilling Plans Raise U.S. Concerns : NPR:

'via Blog this'
Also SEE: " ... But others ... warned that spilled oil knows no political boundaries — or embargoes. And while Congress is most curious about Cuba because of the limited information available about the country's plans, other Caribbean and Gulf of Mexico neighbors also are exploring for oil near U.S. waters. They include Jamaica, the Bahamas and ongoing operations in Mexico. (Bolstad, Erika. Oct 18, 2011. McClatchy Newspapers. HERE)... "

__________________Reference
http://www.npr.org/2011/09/12/140405282/cuban-offshore-drilling-plans-raise-u-s-concerns
http://www.mcclatchydc.com/2011/10/18/127598/us-admits-limits-in-monitoring.html
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