Wednesday, October 22, 2008

Cuba Claims Huge Gulf Oil Reserves

BBC-The state-owned Cuban oil company says the country may have more than 20bn barrels of oil in its offshore fields - more than double the previous estimate.
Cubapetroleo's exploration manager said drilling in the offshore wells would
begin as early as the middle of 2009. Such reserves would place Cuba among
the top 20 oil producing nations. MORE

No word yet on whether US enviro-nuts will be running to Havana and filing lawsuits to stop the drilling. Don't worry. Nancy Pelosi is going to save the planet by preventing drilling on our side of the Gulf.

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