LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.  
February 10, 2010
Log in / Register

 Choose a size
Text Size

Most Read

The Terror-Industrial Complex

Wall Street Wants a Refund

America's Confused Approach to Afghanistan

Haiti, Forgive Us

Palin Calls Global Warming Research 'Snake Oil Science'

Most Comments
Most Emailed

Reports
 * NEW! * Wall Street Wants a Refund
 * NEW! * Haiti, Forgive Us

Ear to the Ground

A/V Booth

Arts & Culture

Digs
Financial Meltdown 101

Truthdig Bazaar more items

 
Ear to the Ground

Cuba and Russia Get Back Together

Email this item Email    Print this item Print   
Posted on Jul 30, 2009
Flickr / DieselDemon

The Russians are coming ... to Cuba. Moscow has inked a deal with Havana to hunt down and suck out what could be as much as 20 billion barrels of oil from Cuba’s share of the Gulf of Mexico. It’s just like old times.

Apparently the two countries are trying to rekindle their old love affair, probably irritating the United States in the process. Maybe this is payback for that whole Georgia thing.

For the Cubans, it’s certainly more. The island nation depends on subsidized oil from Venezuela for a big chunk of its energy needs.

BBC:

Havana says there may be some 20bn barrels of oil [off] its coast but the US puts that estimate at five billion.

Russia and Cuba have been working to revitalise relations, which cooled after the collapse of the Soviet Union.

Read more

More Below the Ad

Advertisement


Elsewhere: .

Comments

Are you a Truthdig member yet? Login now, or register with Truthdig.

By bogi666, August 28, 2009 at 11:26 am #

The fact that disgruntled Cuban exiles in South Florida has elected several Republicans as President may be ending and it can’t be too soon. The Democrats were blamed for Nixon’s Bay of Pigs failure and they never countered the argument that it was a Republican plan carried over from the Eisenhower administration. These nasty Cuban, easy to see why Castro kicked them out, became America’s problem and they have dominated American politics for some 40 years. Castro’s revenge sending them to the USA to cause trouble and they did. They elected Bush2 twice, how’s that working for us American, Nixon in 1968 which eventually lead to his 1972 re-election. The Democrats were afraid of loosing Florida in elections which is why they never changed the boycott of Cuba which hopefully now may may be the biggest blunder, aside from wars, in decades. I hope they have 20 billion barrels and that the USA doesn’t get a drop. It may be Cuban turn to boycott America. President O’bushama doesn’t have the cojones to change the Cuban policy despite the reality of oil, for fear of being coined a coward by, of all people, Cheney.

Report this

By Commune115, July 31, 2009 at 1:20 am #

The fact that the U.S. STILL hasn’t lifted the blockade on Cuba, just for the sake of a few votes from 80-year old exiled Cuban grandmothers and ex-gangsters, just shows Obama lacks what they call down South COJONES.

Report this

By hippie4ever, July 30, 2009 at 7:47 pm #

I’m so happy for the Cuban people. I only hope the oil extraction is done with environmental sensitivity. Cuba is a remarkably unspoiled environment for an island with millions of people. Otherwise, viva Fidel et la revolucion de Cuba!

Report this

By rollzone, July 30, 2009 at 4:48 pm #

hello. so where was our absent diplomatic secretary of state during this reemergence of Russia as a superpower? when are we all going to break this stranglehold of addiction to gasoline and fossil fuels? the wave energy alone surrounding Cuba could supply it with energy. it is really about revenues, and currently petrodollars are better than cash. we have to aggressively advance all forms of solar energy, and send these oil barons the way of the dinosaurs, before they kill us all with their cancer causing fuels.

Report this

By coloradokarl, July 30, 2009 at 3:03 pm #

We should of tried to make Cuba a territory as soon as dumb-ass left office. BIG MISTAKE!! now we will pay the Russians to use the beaches 90 miles off our coast. Idealogues are such fools…...

Report this

By ChaoticGood, July 30, 2009 at 1:32 pm #

Just think, if we weren’t so preoccupied with fighting the “cold war”, we could have been the country that Cuba chose to do the drilling.  Why are we so dumb?
Nobody has taken the embargo against Cuba seriously, for years, only us, the great protector of democracy who is in debt to the communist Chinese up to our eyeballs.
What a laugh on us.

Report this

By skulz fontaine, July 30, 2009 at 12:11 pm #

If Russia strikes oil for Cuba, won’t that change just about everything. Hell, the U.S. will have to go back to waging war in our hemisphere.

Report this

By so left i am right, July 30, 2009 at 10:01 am #

5-10-20 billion barrels…“what’s a few billion barrels”

if 20 billion barrels were actually extracted (which is unlikely due to a documented maximum recoverable amount that is not usually more than 60-80%) at current consumption rates (80+ million barrels a day globally) that would run the world for… drum roll please…

approximately 235 days!

“The world is already in a position where we are not fighting over major oil reserves; we’re fighting over scraps.” -Michael Ruppert

Report this

By ardee, July 30, 2009 at 8:02 am #

The US Geological Survey (USGS) recently estimated that as much as 9bn barrels of oil and 21 trillion cubic feet of natural gas could lie within that zone, in the North Cuba Basin.

.......
Havana says there may be some 20bn barrels of oil of its coast but the US puts that estimate at five billion.

So whats four billion barrels or so…fact check your articles please.

I am glad to see Cuba may be gaining some desperately needed revenue. The embargo we place upon them is stupidity itself.

Report this

Add Your Comment

Posts by unregistered readers are moderated. Posts by members
are published immediately. Why wait? Register today!







Number of characters remaining: 4000

Notify you when others comment on this article?


Are you a human?
Retype the word you see here.


Please read and abide by our comment policy.
By submitting this comment, you agree to this site's terms and conditions.

 
 

 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2010 Truthdig, L.L.C. All rights reserved.