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Cuba claims massive oil reserves

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posted on Oct, 18 2008 @ 12:12 AM
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Cuba claims massive oil reserves


news.bbc.co.uk

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.

(visit the link for the full news article)




posted on Oct, 18 2008 @ 12:12 AM
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I wonder if the embargo on Cuba will end now that they have oil. Or will the US just decide that the oil they found is actually part of the US and take if from them.

If Cuba starts pulling out billions of barrels of oil, I'm sure the US will want a piece of that pie. Maybe we can get some cigars in the deal as well.

news.bbc.co.uk
(visit the link for the full news article)



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