While we in the U.S. weigh responsibly the environmental outcomes, and while doing so keeps us dependant on foreign oil, China has sealed a deal with Cuba to seize the opportunity to drill and tap into our oil reserves.
At the same time, Venezuelan President Hugo Chavez, who controls the largest oil reserves in the Western Hemisphere, is making deals to sell his country’s oil to China, oil that is currently coming to the United States.
Meanwhile, a new left-wing populist regime in Bolivia has nationalized the natural gas industry, threatening to cut off supplies to the United States.
The irony is that Chinese drilling could be even more of an environmental hazard since China is not as concerned about or equipped to deal with any potential ecological disaster as a result of a spill, said Sen. Larry Craig (R-Idaho).
More stories: (If you don’t mind China drilling in our backyard, and you don’t drive a car, don’t bother reading the following)
China Starts Drilling
Cuba oil probe spurs calls for U.S. drilling
Cuba, China Drilling for Oil 50 Miles from Florida Shores
China, Cuba reported in Gulf oil partnership
Cuba irks U.S. with plans for oil drilling
U.S. Concerned By Cuban Oil Drilling Off Coast
Democrats Fail to Prevent Senate Oil Drilling Bill from Passing
Cuba seeks oil near Keys