Wednesday, February 4, 2009

Cuba Plans New Offshore Drilling in Search for Big Oil Finds in the Gulf of Mexico

Cuban officials say that exploratory drilling to assess the potential for oil reserves in the Gulf of Mexico is likely to resume in the second quarter of this year, a sign that lower world oil prices have not derailed efforts by the Cuban government and its foreign corporate partners to keep moving toward offshore oil production.

[Marvelous; I need look to Cuba for an example of intelligent foresight.]

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