What can we do to keep oil exploration off Cuba's coast from going horribly wrong? The answer at the moment, because of our nation's embargo on Cuba, is "not much."

With Cuba inching closer to deep-water drilling — and South Florida in the cross-hairs if something goes wrong — something's got to give.

The U.S. Geological Survey estimates the tracts just north of Cuba could yield as much as 6 million barrels of petroleum, which is why the Cuban government is attracting foreign firms to help extract the oil and re-boot its economy.

In 2011, Repsol, the Spanish energy company, began exploratory operations just 60 miles from Florida's coast. A year later, the firm dropped its efforts, and South Florida breathed a sigh of relief.

But recently, with Russian President Vladimir Putin looking on, two Russian oil firms signed agreements with Cuba to explore deepwater deposits in the Gulf Stream, which flows north into the Florida Straits.



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Date Title
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6/30/14 Republican Party No Longer Has Tight Grip On Cuban-American Vote
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6/27/14 Current Record
6/27/14 Travel Freedom Raises Questions About U.S. Policies Toward Cuba
Greg Allen, NPR
6/26/14 Cuban-Americans Are Getting Over Republicans
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6/26/14 U.S.-Cuba policies are wasted on the old
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6/25/14 Alan Gross' Wife Visits, Fears He Will 'Do Something Drastic'
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6/25/14 Cuba's Mariel Port: Once An Escape, Now A Window To The Future
6/24/14 With Cash And Fat Fryers, Americans Feed Cuba's Growing Free Market
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6/23/14 Growing numbers of influential voices are calling for the Obama administration to lift the longstanding U.S. embargo of Cuba
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6/21/14 Cuba ends censorship — NOT
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6/17/14 Poll: Support for warmer relations with Cuba grows among Cuban Americans in Miami-Dade Files
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6/17/14 Poll: Miami Cuban-Americans Support End to Embargo
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6/17/14 New Poll of Cuban Americans Confirms Growing Support for Engagement With Cuba
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6/17/14 Cuba's Catholic Church may restrict rare forum for open debate
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6/17/14 Miami exiles pressure U.S. to loosen policy on Cuba
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6/17/14 Bacardi chairman: Family split about embargo
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6/17/14 Can the U.S. Force Cuba to Reform? Not a Chance.
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6/11/14 U.S. policy toward Cuba is frozen in the past
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6/9/14 Cuba. Ocho detenidos por fraude con exámenes de ingreso universitario
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6/5/14 BNP Paribas Fine Seen Eclipsing Past U.S. Sanctions Cases
Bloomberg
6/4/14 Despite administration denials, U.S. Rep. Ileana Ros-Lehtinen thinks Obama wants Cuba spy-swap
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Reuters Special Coverage News