Bill Proposes to Halt Cuba Oil Drilling in Gulf

Friday, 29 Apr 2011 01:35 PM

By Martin Gould

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Florida GOP Rep. Vern Buchanan is pulling out the stops to prevent Cuba from drilling for oil in the Gulf of Mexico.

Buchanan has introduced a bill to deny U.S. drilling permits to any company that works with the Castro government, Capitol Hill Cubans reports.

vern-(1).jpeg
Vern Buchanan
Buchanan, whose district borders on the Gulf, said the Cuban drilling is planned for just 50 miles from the Florida coast. Spills would inevitably affect the United States which stands to gain nothing from the oilfield.

“Any spills would only take three days to reach the U.S. coast, and Cuba has neither the resources nor the technology to handle a spill. Worse, the United States would bear the brunt of the environmental and economic devastation of such a spill, while receiving no financial benefit from the oil drilling whatsoever," according to Buchanan.

Buchanan pointed out that the Spanish oil giant Repsol is working with the Cubans. If his bill became law it would severely affect Repsol’s investments in the U.S. section of the Gulf and in Alaska.

“Repsol has previously backed off projects with Iran when faced with similar pressure,” said Buchanan.






© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Game-Worn Michael Jordan Shoes Go for $33K at Auction

Friday, 19 Dec 2014 08:09 AM

Game-worn Michael Jordan shoes from his college career in North Carolina sold for $33K on Thursday. . . .

Pope Sleeping Bags Given to 400 of Rome's Homeless as Bday Gift

Friday, 19 Dec 2014 08:02 AM

Pope Francis celebrated his 78th birthday by giving away 400 sleeping bags to homeless people in Rome. . . .

One Million Mummies, or More, Found in an Egyptian Graveyard

Friday, 19 Dec 2014 07:16 AM

More than one million mummies have been found in an ancient cemetery in Egypt south of Cairo, according to estimations b . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved