Wednesday, November 17, 2010

Off-Shore Drilling in Cuba

Gazprom, a Russian energy giant, has recentlty joind a slew of other companies to begin searching and drilling for oil off the coasts of Cuba. The article states:

"Cuba produces little oil now, but petroleum experts say the country’s northern coastal waters could hold plentiful reserves, which could help revive the island’s economy and ease its dependence on oil imported from Venezuela."


Because of this possible economic boom, Cuba has willing signed contracts with half a dozen oil companies to begin drilling as soon as next year. But, because of a 48 year-old oil trade embargo on the United States, The U.S. is unable to drill and more importantly, might not be able to aid the foreign companies if there is an oil spill which could be as close as fifty miles off the coast of Florida. Ocean scientists say that if there is a spill it, "could send oil spewing onto Cuban beaches and then the Florida Keys in as little as three days." I believe because of this possibility alone, drilling off of Cuba is a bad idea. Our planet has become too dependent on fossil fuels. Instead of investing money in looking for oil and increasing pollution, we need to put more money and effort into finding clean, alternative sources of energy. But, in the end Cuba, a struggling country, Is going to do anything to improve their economy and make a quick buck. 

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