It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Mother nature, it emerged this week, appears to have blessed the island with enough oil reserves to vault it into the ranks of energy powers. The government announced there may be more than 20bn barrels of recoverable oil in offshore fields in Cuba's share of the Gulf of Mexico, more than twice the previous estimate.
If confirmed, it puts Cuba's reserves on par with those of the US and into the world's top 20. Drilling is expected to start next year by Cuba's state oil company Cubapetroleo, or Cupet.
"It would change their whole equation. The government would have more money and no longer be dependent on foreign oil," said Kirby Jones, founder of the Washington-based US-Cuba Trade Association. "It could join the club of oil exporting nations."
The Freedom to Travel to Cuba Act introduced in the U.S. House of Representatives on Feb. 4 would allow American citizens unrestricted travel to Cuba for the first time since 1963. The bill by Rep. William Delahunt, D-Mass., and eight co-sponsors would also lift limits on travel by Cuban exiles living in the United States. The president would not be able to regulate travel to the island unless an armed conflict or armed danger arises.