Why,should the US be thwarted from drilling in its own territory?
when just 50 miles off the Florida coastline the Chinese government is drilling for oil under Cuban leases?
The China-Cuba connection also appeared in an editorial Monday in Investor’s Business Daily, which wrote that "the U.S. Congress has voted consistently to keep 85 percent of America’s offshore oil and gas off-limits, while China and Cuba drill 60 miles from Key West, Fla."
Cuba’s state oil company, Cupet, has also issued exploration contracts to India, Canada, Spain, Malaysia and Norway, according to diplomats.
I am asking a question, I am not stating a fact. I read this on Yahoo news. Isn’t that the whole reason for having Yahoo answers, is to get opinions. Some of you get so defensive.
July 21st, 2010 at 12:57 am
ANWR, the coastal oil deposits, the Bakkan deposits in the Dakotas and Montana. Open them to the oil companies to drill, and end our dependence on Middle East oil. The "futures" speculators will stop impacting oil prices with predictions of higher prices and I would expect that OPEC would reduce the price per barrel.
http://www.nextenergynews.com/news1/next-energy-news2.13s.html
July 21st, 2010 at 12:57 am
it’s the 1981 passage of law from those liberals that is enforced to this day
that’s right. have china drill in our backyards
liberals are still trying to stop us
hugs!
July 21st, 2010 at 12:57 am
China-Shmina, who cares. Drill because it is OURs and we send $0.00 to Arabs, Drop the price to 2.00/gal, and then institute a 20 year alternative fuels development plan.
July 21st, 2010 at 12:57 am
when just 50 miles off the Florida coastline the Chinese government is drilling for oil under Cuban leases?>>
This is totally bogus and has been debunked many times over.
July 21st, 2010 at 12:57 am
The United States doesn’t drill for oil. The Government got out of the oil drilling business in 1998 when they sold off Elk Hills Naval Petroleum Reserve (near Taft, California).
Oil companies drill for oil, and so far they haven’t managed to drill 68 million acres of public land with oil reserves they have already been leased for only 3 bucks a year per acre (wish I could lease an acre of land for 3 bucks a year), and they have a 10,000 well drilling backlog.
And China isn’t drilling off Cuba. That’s an outright lie.
The facts don’t support your assertion.
July 21st, 2010 at 12:57 am
Cheney said he was lying about that. Our govt has given big oil the OK to drill on over a million acres that are known to have oil, they, for some reason, haven’t bothered. Could it be they make more money not drilling?
July 21st, 2010 at 12:57 am
Cuba is not drilling off the Florida coast. This has been proven to be a false claim made by Cheney.
So why isn’t the oil companies drilling off the coast with the estimated 33 million acres of drilling permits they already possess? So why are the oil companies not using the estimated 10,000 drilling permits they possess for drilling throughout the US? This so called gas shortage is a con, another lie being feed to us. Several speculator groups (look up ICE) have manipulated gas prices, the oil companies and this administration are using the same old fear card in order for the oil companies to gain possession of the long wanted ANWR and coastal drilling permits. It’s about greed and mass profit pure and simple.
July 21st, 2010 at 12:57 am
President George HW Bush signed an Executive Order prohibiting drilling for oil within sight of the Florida coastline, at the behest of his son Jeb Bush, who was governor at the time and running for re-election. Jeb was being pressured by the real-estate speculators to prohibit the drilling, because nobody wants to buy a million-dollar beach house overlooking an oil rig.
President George "Dubya" Bush can rescind his father’s Executive Order with a stroke of the pen.
That is the "inconvient truth" the Bushies don’t want you to know, so instead they do what Bush’s do best…deflect attention and blame someone else.
July 21st, 2010 at 12:57 am
Since the Vice President admitted he lied about this I suppose you should delete your meaningless question.
Here is a link if you do not believe me.
http://www.usatoday.com/news/washington/2008-06-12-cheney-oil_N.htm
July 21st, 2010 at 12:57 am
1. 62% of the wells being drilled in the world today are being drilled in the US, and it won’t even amount to a drop in the bucket as far as prices at the pump.
2. Boy George hasn’t even grown the nads to overturn his daddy’s Executive Order that prohibited offshore drilling.