Posted on 02/18/2016 3:28:14 PM PST by bananaman22
With the end of the 54-year U.S. trade embargo on Cuba, and Cuban government moves to encourage foreign investors, Cuba is a suddenly attractive venue that is sitting on an estimated 4.6 billion barrels of oil and promising tantalizingly low production costs that defy low oil prices.
In December 2014, the U.S. lifted the trade embargo, and earlier that year—banking on an end to the embargo—Cuba began to lay the foundation for attracting foreign investment by offering corporate tax credits.
It sounds great—but there has been no rush onto this playing field.
(Excerpt) Read more at oilprice.com ...
Please.
No
more
supply
Come, my friend. Invest in our revolution.
You drill, we confiscate.
Obama could put another stick in our eye by finding a way to send Cuba US aid funds or some other scheme to fund the Cuban tyrants.
after the sting of Venezuela, who would?
I’ll take my machine shop and manufacture parts for 1950s American cars...
Just wait until he gives Guamtamo Bay to the Cuba’s......
Slant drill off their coast.
Think Meh-e-coh or Venezuela .... invest your money, build the business and then poof ... you’re nationalized (and stupid).
Duh - look what happens when you try to do business with the commies in Russia. They kill you and then steal the business
Does Cuban crude have a red tint?
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