EnduringSense

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Posts Tagged ‘Florida Keys’

Castro Says “Drill Baby Drill”

Posted by Steve Markowitz on September 30, 2010

Showing arrogance and a lack of understanding of unintended consequences, the Obama Administration five months ago imposed a moratorium prohibiting deepwater drilling in American waters in the Gulf of Mexico.  Add to this a longstanding federal law banning drilling near the coast of Florida and we have effective stopped drilling for oil and gas in the southeastern waters off the United States.  Well, not exactly.  All we have done is stopped drilling in American-controlled territory.

Next year a Spanish company will begin drilling wells 50 miles from the Florida Keys in Cuban sovereign waters.  This will not only move jobs and money from the United States to Cuba, but also increase the risk of environmental damage in the future since Cuba and its partners do not have the safety rules or resources that drillers in the United States have access to.

It is ironic that our socialist brothers in Cuba need to teach us some rules about supply and demand.

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