Cuba’s first deepwater oil rig, Scarabeo 9, began drilling last month 70 miles south of Key West, Fla. Cuban officials believe the rig may tap as much as 20 billion barrels of oil. (U.S. officials estimate a quarter to half that amount.) If Cuba’s estimates bear out, this would bring the country’s oil reserves to roughly equal those of the United States. The Spanish oil company Repsol, as well as other international companies with offshore leases from Havana, will drill at depths up to 6,000 feet, as the Cuban government pursues an era of energy independence.
It is vital to the environmental and economic interests of the United States that Cuba get this right.… Seguir leyendo »