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Spain's Repsol Plans Oil Drilling in Cuba in 2004

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guajira Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-04 02:55 PM
Original message
Spain's Repsol Plans Oil Drilling in Cuba in 2004
Edited on Tue Feb-24-04 02:58 PM by guajira
Makes regime change in Cuba even more tempting for WH invaders!

snippet:
Cuba in December estimated its 2003 oil production at 260.4 million barrels (713,000 barrels per day), a 2.5 percent increase on 2002.

Foreign companies, mainly Canadian firms Sherritt International Corp. (S.TO: Quote, Profile, Research) and Pebercan Inc. (PBC.TO: Quote, Profile, Research) , have joint ventures and production agreements with state oil monopoly Cubapetroleo (Cupet) and account for around 60 percent of Cuba's oil and gas output.

http://www.reuters.com/newsArticle.jhtml;jsessionid=0FJLBMEZC15UQCRBAEOCFEY?type=topNews&storyID=4425633
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Guy Whitey Corngood Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-04 02:57 PM
Response to Original message
1. SEND IN THE MARINES!
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Vogon_Glory Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-04 04:48 PM
Response to Reply #1
2. Sour Stuff But Fun To Watch
I'm told that Cuban oil is "sour" (i.e. it has a high sulphur content), but it's entertaining to know that the Cubans are proving that times have changed, and that the US isn't quite the economic colossus it was a generation or two ago, when it could bend the rest of the world to its bidding.

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Guy Whitey Corngood Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-24-04 04:54 PM
Response to Reply #2
3. I hear Dick Cheney likes to pour it over ice cream.
So he might not like this particular kind.
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