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February 01, 2006

Possible Massive Oil Reserves

This week, American energy executives meet their Cuban counterparts in the first private-sector oil summit between the two countries. Cubans hope to inform the businessmen of their country's oil potential while undermining the embargo, which has often frustrated American corporations.

Well, they've been frustrated by the embargo, and also by Castro's bad habit of repeatedly welcoming foreign businesses, then nationalizing them.

The three-day meeting, which starts Thursday, is sponsored by the U.S.-Cuba Trade Association, along with Valero Energy Corp., the United States' biggest oil refiner, as well as the Louisiana Department of Economic Development and the Texas Port of Corpus Christi, among others.

Oh my.
We do live in interesting times, don't we. I'm just hoping the old bastard drops dead before he sees dollar one of new oil revenues.

From Fark.

posted by Laura. at 09:29 PM

| Access Comments


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This week, American energy executives meet their Cuban counterparts in the first private-sector oil summit between the two countries. Cubans hope to inform the businessmen of their country's oil potential while undermining the embargo, which has often frustrated American corporations. Well, they've been frustrated by the embargo, and also by Castro's bad habit of repeatedly welcoming foreign businesses, then nationalizing them. The three-day meeting, which starts Thursday, is sponsored by the U.S.-Cuba Trade Association, along with Valero Energy Corp., the United States' biggest oil refiner, as well as the Louisiana Department of Economic Development and the Texas Port of Corpus Christi, among others. Oh my. We do live in interesting times, don't we. I'm just hoping the old bastard drops dead before he sees dollar one of new oil revenues. From Fark. posted by Laura. at 09:29 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Seems Legit: "How odd, I thought everyone understood that electr ..." rickb223 Gold & Silver Spot Prices [s][/b][/i][/u]: "You’d think they would’ve come up with ..." Commissar of Plenty and Lysenkoism in Solidarity with the Struggle : "MiG-29 has two sets of intakes Bonus hole. ..." It's me donna : "270 242 To be fair, Elon did advise that there isn ..." 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