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  • antonio2009: Two other songs also apply to this sexagenarian: “The Fool on the Hill” by the Beatles and “El Bobo de la...

  • antonio2009: Carlos Montaner needs to look no further than Cuban history of the 19th century to discover the Cuban Holocaust of...

  • Luis3939: and know cubans in Hialeah sending free school uniforms to these children. Have some dignity people!

  • Humberto Fontova: An interesting question is could anyone but Batista have straightened out the political mess that was Cuba in 1933,...

  • asombra: A related phenomenon is the demonization of Batista, who did FAR more harm to Cuba because of what he led to (Castro, Inc.) than...

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realclearworld

Drill, Baby, Drill: Cuba Edition

http://2.bp.blogspot.com/-6HLhQcAAj3I/UB-01YWPDCI/AAAAAAAAFBI/lgGTrplggoE/s1600/Scarabeo%2B9%2BRig%2BDuring%2BTransit.jpg

The latest saga of the "Castro dictatorship's drill, baby, drill lobby here in the U.S. has come to a sad end. After promising that there's oil in dem der Cuban waters, and burning through only God knows how much of the Castro dictatorship's cash lobbying in Washington to lift the embargo, the Cuban regime's American defenders, lobbyists, and representatives have been dealt yet another blow.

Say goodbye to Scarabeo-9 as it sails off into the sunset:

Cuba says drill rig to depart after 3 failed wells, as dreams of deep-water oil-strike elusive

HAVANA — The only rig in existence that can drill in deep waters off Cuba is preparing to sail away from the island, officials said Tuesday, after the third exploratory well sunk this year proved nonviable in a blow to government hopes of an oil bonanza.

While production was always years off even in the event of a big discovery, analysts said the Scarabeo-9’s imminent departure means Havana’s dreams of injecting petrodollars into a struggling economy will be on hold indefinitely.

“Bottom line: This chapter is finished. Close the book, put it on the shelf,” said Jorge Pinon, a Latin America oil expert at the University of Texas’ Center for International Energy and Environmental Policy. “But do not discard. Maybe there is a good ending to this story ... someday.”

Continue reading HERE.

2 comments to Drill, Baby, Drill: Cuba Edition