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Politics : About that Cuban boy, Elian
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To: nealm who wrote (6593)5/29/2000 12:48:00 AM
From: Dayuhan  Read Replies (3) of 9127
 
The ability of Castro to do oil exploration and development is limited at best. Why? Well it didn't help that he nationalized all of the basic industries in Cuba when he took power. That gives those in the oil industry best suited to help, ZERO incentive to assist in development of those fields.

Just as a point of information, the oil industry has never shown any hesitation when it comes to dealing with world leaders who have nationalized oil fields, with known sponsors of terrorism, or with practically anybody else. They've contrived ways to make money out of dealings with the Libyans, the Iranians, and many others. If the embargo on Iraq is lifted they will be holding hands with Saddam before the ink is dry on the documents. The only thing keeping them from developing Cuban oil - assuming that the deposits are economically viable - is the US embargo.
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