Yes – drilling in the Gulf of Mexico is resuming as we speak - the only problem is, it’s China doing the drilling! The United States will get any oil spills and greenhouse gasses. But since Obama has stopped all AMERICAN drilling, we can only sit idly by and watch resources along OUR coast be harvested by the Communists! [BP DID get a permit for EXPLORATORY drilling last monty.]
U.S. geologists believe there may be 5 billion barrels of oil down there. Cuban studies estimate the total at four times that, enough to put the island on par with mid-size energy exporters in the region like Ecuador and Colombia.
A major oil strike could rescue Cuba’s struggling socialist system from its financial woes, giving the Castro government access to new credit and a potentially lucrative industry.
The new Chinese-constructed well, being delivered and set up by the REPSOL, a Spanish energy company, will puncture the sea floor in Cuban-controlled waters just 60 miles off the Florida Keys, not far from a protected coastline where offshore drilling is banned under U.S. law.
Six wells are planned to be drilled with this rig by the various international companies who own exploration rights off the north shore of the island of Cuba. Drilling is scheduled to begin this month.
Closer to home, the Obama administration delayed a decision on the controversial project around the Keystone pipeline until after the 2012 election. Most of the GOP field has embraced the project.
When Sean Hannity asked Perry about the Keystone XL pipeline on the radio Tuesday, Perry blasted Obama.
"That is stunning to me. Those tar sands are going to either go west to China or south to the United States," Perry said, later adding "Buying Canadian crude and bringin' it in to the United States makes abundant good sense. And this president is putting American soldiers' lives in jeopardy with this as well as the security of America."
The Federal Bureau of Safety and Environmental Enforcement approved an EXPLORATORY drilling permit in the Gulf for BP last month.
Reorganization of Title 30: Bureaus of Safety and Environmental Enforcement and Ocean Energy Management
This rule contains regulations that will be under the authority of two newly formed Bureaus, the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM), both within the Department of the Interior. On May 19, 2010, the Secretary of the Interior announced the separation of the responsibilities performed by the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) (formerly the Minerals Management Service) into three new separate organizations: Office of Natural Resources Revenue (ONRR), Bureau of Ocean Energy Management (BOEM), and Bureau of Safety and Environmental Enforcement (BSEE). Those regulations that will apply to the authority of BSEE organization will remain in 30 CFR chapter II, but be retitled “Bureau of Safety and Environmental Enforcement.” This rule removes from chapter II those regulations that will apply to the authority of BOEM and recodifies them into a new 30 CFR chapter V entitled “Bureau of Ocean Energy Management.”