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realclearworld

No Oil for Tyrants: Ileana Ros-Lehtinen floats bill that deters offshore oil drilling in Cuba

Congresswoman Ileana Ros-Lehtinen, chairwoman of the House Foreign Affairs Committee, has floated a bill that will deter companies from engaging in offshore oil drilling ventures with the tyrannical and criminal Castro regime.

Via The Hill:

House Foreign Affairs chair floats bill to deter Cuban offshore drilling

House Foreign Affairs Committee Chairwoman Ileana Ros-Lehtinen (R-Fla.) floated legislation Friday aimed at deterring oil-and-gas development off the coast of Cuba.

The legislation, which Ros-Lehtinen introduced in the last Congress, comes as public officials are growing increasingly wary of Cuba’s intentions to drill off of its coast, which is less than 100 miles away from the United States.

Spanish oil company Repsol is planning to drill off Cuba’s coast, and others are hoping to follow suit. Repsol is set to bring an oil rig to Cuban waters later this year, according to Reuters.

Ros-Lehtinen’s legislation, which is co-sponsored by two Democrats and five Republicans, makes it illegal for any U.S. citizen to assist the Cuban government in bolstering its offshore drilling industry. It would also deny U.S. visas to anybody who invests more than $1 million in Cuban offshore drilling.

“Desperate for new channels of funding, the Cuban tyranny will say and do anything to persuade others to invest in its oil sector in order to stay afloat,” Ros-Lehtinen said in a statement Friday. “It is in our national security interests to deter others from participating in these reckless schemes.”

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