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Will Russia Drill Off Florida's Coast?
IBD Editorials ^ | August 5, 2009 | INVESTORS BUSINESS DAILY Staff

Posted on 08/05/2009 5:13:29 PM PDT by Kaslin

Energy: As Russian attack submarines patrol our eastern seaboard, Moscow signs a deal to help Castro's Cuba drill for oil off the Florida coast. In Moscow and Havana, the cry is "Drill, Comrade, Drill!"


Two Russian nuclear attack submarines have taken up positions along our East Coast in recent days, another sign of renewed assertiveness by the former communist giant. The move comes as Moscow inks a deal with the communist relic of Cuba to drill for oil we refuse to go after.

The submarines are of the Akula class, a counterpart to the Los Angeles class attack subs of the U.S. Navy. "I don't think they've put two first-line nuclear subs off the U.S. coast in about 15 years," said Norman Polmar, a naval historian and submarine warfare expert.

The subs' appearance may be more symbolic than a real threat. More interesting, perhaps, are the four contracts Russian Deputy Prime Minister Igor Sechin signed in Havana during his recent visit there.

They allow Russia's Zarubezhneft oil concern to work with the Cubanpetroleo monopoly to explore and develop the oil riches of the North Cuban Basin off Florida.

Havana imports more than half its oil, mostly at a subsidized price from Hugo Chavez's Venezuela. Cuba's domestic output is exclusively heavy oil with a high sulfur content. Its offshore Gulf waters could contain large quantities of lighter, sweet crude.

Drilling will be done off America's coast soon enough. But thanks to a treaty signed by President Carter, the new oil and gas resources that will be discovered in the region will be discovered by Russia and Cuba to their economic benefit.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Cuba; Editorial; Front Page News; Government; News/Current Events; Russia; US: Florida
KEYWORDS: 111th; akula; bhoeconomy; bhoenergy; bhorussia; crude; crudeoil; democrats; donttreadonme; drillbabydrill; drillbarrydrill; drillgate; drillheredrillnow; drilling; economy; energy; energypolicy; envirowackos; givemeliberty; gulfofmexico; hugochavez; ibd; jimmycarter; naturalgas; navy; ocs; offshoredriling; offshoredrilling; offshoreoil; oil; oildrilling; oilreserves; oilsupply; petroleum; russiannavy; submarine; submarines; usgd; usgs; usnavy; venezuela

1 posted on 08/05/2009 5:13:29 PM PDT by Kaslin
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To: bareford101; BerniesFriend; blaveda; Bookwoman; Celeste732; dsc; FrdmLvr; FreedomPoster; ...

2 posted on 08/05/2009 5:14:39 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
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To: Kaslin

Yes. And they’ll use sideways-drilling platforms to do it.


3 posted on 08/05/2009 5:16:10 PM PDT by Terpfen (FR is being Alinskied. Remember, you only take flak when you're over the target.)
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To: Joe Brower

Florida ping material?


4 posted on 08/05/2009 5:16:35 PM PDT by Terpfen (FR is being Alinskied. Remember, you only take flak when you're over the target.)
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To: Kaslin

Prediction: Obama will vote “Present.”


5 posted on 08/05/2009 5:17:09 PM PDT by sionnsar (IranAzadi|5yst3m 0wn3d-it's N0t Y0ur5:SONY|Neda Agha-Soltan - one victim of murderous regime)
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To: Kaslin

Cuban Oil Crisis


6 posted on 08/05/2009 5:18:25 PM PDT by coconutt2000 (NO MORE PEACE FOR OIL!!! DOWN WITH TYRANTS, TERRORISTS, AND TIMIDCRATS!!!! (3-T's For World Peace))
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To: Kaslin

Why not, China was last I knew.


7 posted on 08/05/2009 5:19:25 PM PDT by Darksheare (Tar is cheap, and feathers are plentiful.)
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To: Terpfen
"Yes. And they’ll use sideways-drilling platforms to do it."

I drink your milkshake!

8 posted on 08/05/2009 5:20:06 PM PDT by Freedom_Isn't_Free (in fact, it isn't even cheap)
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To: Terpfen
I have been on many drilling platforms, but I have never even heard of a sideways-drilling platform. However, platforms do use directional drilling technology, none of which is capable of that far of a lateral reach.

So, no the Russians will not be taking your oil.

9 posted on 08/05/2009 5:21:39 PM PDT by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: Kaslin

We are so screwed. The Russians are going to help the Cubans drill oil out from under our very noses. And yes, they will do the horizontal drilling thing. Our gas will be right back up to more than $4 soon, thanks to the brilliant BO energy “plan.”


10 posted on 08/05/2009 5:22:04 PM PDT by La Lydia
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To: Freedom_Isn't_Free

I drink it up.


11 posted on 08/05/2009 5:22:38 PM PDT by Jeff Chandler (Obama is in way over his ears.)
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To: Kaslin
But thanks to a treaty signed by President Carter,

Heard that one before. Dimwits in this country have no conception of how long their bad choices for President cause problems.

We could get rid of Hussein tomorrow & and we will still be discovering the stink of his actions thus far 20 years from now.

12 posted on 08/05/2009 5:25:48 PM PDT by ChildOfThe60s (If you can remember the 60s........you weren't really there)
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To: Terpfen
And they’ll use sideways-drilling platforms to do it.

That technology is land based. Not something, I believe, that is done on platforms at sea.

13 posted on 08/05/2009 5:26:35 PM PDT by Bloody Sam Roberts (Hope requires the contender, who sees no virtue in surrender.)
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To: Kaslin

yeah wht not, everybody else is except the US


14 posted on 08/05/2009 5:27:20 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Terpfen

The Russians are known as staunch environmentalists too.
They will drill cleaner, rather than the evil American companies who will pollute. Wonder if they will do Cap and Tax?

This is Vlad Putin flipping off our weak Prez saying “look what I am doing right under your nose”.


15 posted on 08/05/2009 5:28:23 PM PDT by deep trout
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To: Terpfen

The directional drilling that I have done in the past, is only a few thousand feet. Not several miles, which is what it would take.
The reason you will see $4 gas, is because Scumbama is adding taxes each week. Plus they refuse to let us drill, so we will be short on our reserves soon. They are already getting low on natural gas in New Mexico and some power plants.


16 posted on 08/05/2009 5:29:00 PM PDT by Old Texan ((Leave me the HECK alone and let me live my life. I hate Commie's))
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To: Kaslin
Two Russian nuclear attack submarines have taken up positions along our East Coast in recent days,

And why weren't our subs there first?

17 posted on 08/05/2009 5:29:37 PM PDT by jeffc (They're coming to take me away! Ha-ha, hey-hey, ho-ho!)
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To: Bloody Sam Roberts

Most of the wells that are drilled now are horizontal.
You get more wells from one platform.


18 posted on 08/05/2009 5:30:44 PM PDT by Old Texan ((Leave me the HECK alone and let me live my life. I hate Commie's))
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To: jeffc

How do you know they aren’t ?


19 posted on 08/05/2009 5:32:55 PM PDT by Misterioso
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To: jeffc
And why weren't our subs there first?

How do you know they were not?

20 posted on 08/05/2009 5:33:09 PM PDT by Snurple (VEGETARIAN, OLD INDIAN WORD FOR BAD HUNTER.)
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To: trumandogz; Bloody Sam Roberts

My mistake. I still see the Russians doing everything they can to take as much oil as they can from as close to the Keys as they can.


21 posted on 08/05/2009 5:34:54 PM PDT by Terpfen (FR is being Alinskied. Remember, you only take flak when you're over the target.)
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To: Kaslin

If we’re not going to bother to drill, the I say, “Drill Russia, Drill.

Russia, and the world, knows that we have an incompetent coward at the helm.

What’s to stop them? What would Obama do, send out ACORN to start riots? Organize a few communities, perhaps appoint a few more czars?

Heck, this guy is so weak that he can’t even show his real birth certificate and is too embarrassed of his grades, he refuses to reveal his college records. He’s got one thing going for him, only one... he’s black. Big deal, the Russians aren’t going to give a hoot.

Perhaps he will make “demands”, like he has done to Israel..... those have sure been good for a few laughs.

Frankly, I hope they drill and spill that crap all over our beaches, perhaps then we can collect the damn stuff.

Remember, none of this matters, we are all going to be driving cars that haven’t been invented yet, using fuel that hasn’t even been discovered yet and we’re going to pay for all of this crap with the money that belongs to folks that haven’t even been born yet.

Heck, I’m rooting for the Russians. They would like us to fail, but Obama is making sure that we will.


22 posted on 08/05/2009 5:46:41 PM PDT by Gator113 (It's about stupidity, stupid. IMPEACH HERE, IMPEACH NOW.)
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To: deep trout

I’m not surprised that Putin has no fear of our boney-ass house negro president.

If Reagan was alive and still in office, Putin would be poopin’ his pants.


23 posted on 08/05/2009 5:47:37 PM PDT by july4thfreedomfoundation (If Randy Cunningham is in prison for corruption, then why isn't Diane Feinstein locked up as well?)
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To: deep trout

How do you like my akulas, comrade obama?
I have two big akulas! I show them to you!


24 posted on 08/05/2009 5:57:34 PM PDT by silverleaf (If you can't be a good example, at least don't be a horrible lesson)
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To: Kaslin
Will Russia Drill Off Florida's Coast?

They may as well for we won't! (or can't)

25 posted on 08/05/2009 6:02:55 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Gator113

As a member of Law Review he was required to submit written opinions.


26 posted on 08/05/2009 6:15:00 PM PDT by shetlan (What 's up America?)
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To: coconutt2000
The Russian navy will send two subs like this one. K-152 Nerpa. Looks like Putin and Oilprom want a deal with Castro and Cubanpetroleo.
27 posted on 08/05/2009 6:20:32 PM PDT by myknowledge (F-22 Raptor: World's Largest Distributor of Sukhoi parts!)
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To: Kaslin

/mark


28 posted on 08/05/2009 7:24:54 PM PDT by happinesswithoutpeace
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To: Kaslin

Well, the US doesn’t seem to want to, so it might as well be Cuba. Idiot politicians, including that squishy governor Crist in Florida seem to be more concerned with attendance at Disney than anything significant.


29 posted on 08/05/2009 7:40:06 PM PDT by meyer (It's 1938 all over again - the democrats are the new NAZIs and conservatives are the new Jews.)
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To: Terpfen

Stealing America’s oil. I hope the Russians (like the movie) come ashore and grab Charlie Crist, Bill Nelson and Mel Martinez. Take em back to Russia.


30 posted on 08/05/2009 7:42:01 PM PDT by Frantzie (Lou Dobbs - American Hero! Bill O'Reilly = Liar)
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To: Kaslin

Why not.Hell we’re not drilling off of Florida so we may as well let the Cubans and their Russian masters get the Oil.


31 posted on 08/05/2009 7:43:28 PM PDT by puppypusher (The world is going to the Dogs.)
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To: july4thfreedomfoundation

Exactly. Where’s the US Navy in all of this? Don’t we have subs to defend our waters anymore?

We need oil to fuel our economy, and the kenyan is sitting around crying about his cert and how Republicans are destroying his health “care” plan.


32 posted on 08/05/2009 7:47:57 PM PDT by Pavel Dolot
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To: Kaslin

If Obama lets them. And my bet is he will. It’ll be fun watching his toadie Gibbs explain that away.


33 posted on 08/05/2009 7:50:07 PM PDT by dr_who
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To: Terpfen
Plus...given the proximity of The North Cuba basin to the coast of Cuba...I'm not sure there is anything the US can do about this.

That is, of course, if the oil actually lies beneath the North Cuba Basin. Therein lies the rub.

34 posted on 08/05/2009 8:21:09 PM PDT by Bloody Sam Roberts (Hope requires the contender, who sees no virtue in surrender.)
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To: Old Texan

Extended reach directional drilling technology is about 8 miles. BP set the last record in Africa I believe.

BP also just completed moving the massive Liberty Rig by barge to the North Slope. The well for the Liberty field will set new records slightly more than 8 miles.


35 posted on 08/06/2009 5:05:28 AM PDT by thackney (life is fragile, handle with prayer)
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To: Old Texan

If interested in more info:

Http://www.petroleumnews.com/pnads/775420760.shtml

Http://www.petroleumnews.com/pnads/259897077.shtml


36 posted on 08/06/2009 5:16:03 AM PDT by thackney (life is fragile, handle with prayer)
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To: JulieRNR21; kinganamort; katherineisgreat; floriduh voter; summer; Goldwater Girl; windchime; ...
Funny how the leftmedia, in its incessant whining about drilling for oil off of Florida's shores, never mention these actions by China, and now Russia.

Amicus Hostis, plain and simple.

Florida Freeper


37 posted on 08/06/2009 6:47:40 AM PDT by Joe Brower (Sheep have three speeds: "graze", "stampede" and "cower".)
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To: Joe Brower
Funny how the leftmedia, in its incessant whining about drilling for oil off of Florida's shores, never mention these actions by China, and now Russia.

Maybe the concern is not so much an oil spill...

38 posted on 08/06/2009 6:58:03 AM PDT by GOPJ (ACORN - Losers paid to protest - the liberal version of "rent a crowd"...)
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To: Kaslin

And the media, earth worshippers,Democrats, and Country Club Republicans are quite as church mice.


39 posted on 08/06/2009 7:02:13 AM PDT by sport
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To: La Lydia

Nothing new thaer. obama told the world, or better yet, what Americans could/would not do if they elected him President. He was elected, I would argue not by Americans, but was elected. So one must deduce they wanted what he was going to impose on them.

I do not like it, even a little bit, that they inflicted him on me. But that is the way it goes.


40 posted on 08/06/2009 7:07:39 AM PDT by sport
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To: jeffc

How do you know they weren’t?


41 posted on 08/06/2009 9:30:28 AM PDT by stuartcr (Everything happens as God wants it to...otherwise, things would be different.)
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To: stuartcr; et al
How do you know they weren’t?

Well, obviously, I don't. But if the Russky subs are there, then there wasn't anything preventing them from taking the position.

My point was, maybe the big zero just plain allowed it to happen , whereas another Prez wouldn't.

42 posted on 08/06/2009 9:44:24 AM PDT by jeffc (They're coming to take me away! Ha-ha, hey-hey, ho-ho!)
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To: deep trout

“The Russians are known as staunch environmentalists too.”

Maybe when Russian coastlines are concerned. But why would Russia drilling off the American coast matter in terms of safety. A spill is not their problem anymore now is it.


43 posted on 08/06/2009 9:48:17 AM PDT by George from New England (escaped CT 2006; now living north of Tampa Bay)
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To: jeffc

They were/are in international waters and have been tracked since they left the mainland. There is nothing any president could or would do to prevent a vessel from sailing in international waters.


44 posted on 08/06/2009 9:52:28 AM PDT by stuartcr (Everything happens as God wants it to...otherwise, things would be different.)
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