China and Cuba drilling for oil off Florida’s coast. The Democrats say the U.S. can’t.

Mick Gregory

The Republicans have hit a political gusher. The Democrat/socialists hiding under the friendly Green flag of environmentalism are being exposed today. I predict the Democrats will vote against the issue of drilling off U.S. coasts.

This while Cuba and China begin drilling off the Florida/Cuba shore. They will have their straw in our oil reserve milkshake.

Next, I predict, President Bush will issue an Executive Order opening up drilling.

The coastal reserves are estimated to be 18 billion barrels from 20-year-old studies. That is the short estimate equal to the amount of oil the U.S. would produce in almost 10 years (that’s 3,600 days producing 5 million barrels per day). The coastal reserves are also nearly equal to what some experts believe can be recovered at Anwar Reserve in Alaska. The reserve that the Democrats and Jimmy Carter put under lock and key over 20 years ago as well.

Tonight, look for the new reality show called “Black Gold” syndicated on cable channels across the country on TruTV. It’s a show that drills down into the ongoing oil explorations going on in West Texas today.

The U.S. still has oil! In fact, almost 70 percent of the oil in mature wells, some over 100 years old, is attainable with today’s technology.

The timing is right for U.S. oil industry stocks to rise. Meanwhile, the world market of crude will soon fall to below $100 in my guestimation.

Four major league oil companies are in negotiations for contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein socialized the oil companies and grabbed power.

Exxon Mobil, Shell, Total, BP and Chevron — and a number of oil-service companies, are in talks with Iraq’s Oil Ministry for contracts to service Iraq’s largest fields, according to press releases.

The deals, expected to be announced on June 30, will begin the first commercial work for the major companies in Iraq since Hussein ordered the burning of his country’s oil fields and the start of the Iraq war.

UPDATE: Time to ask why the Democrat Congress doesn’t do anything about the oil crisis.

The percentage of voters who give Congress good or excellent ratings has fallen to single digits for the first time in Rasmussen Reports tracking history. This month, just 9% say Congress is doing a good or excellent job. Most voters (52%) say Congress is doing a poor job, which ties the record high in that dubious category.

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33 thoughts on “China and Cuba drilling for oil off Florida’s coast. The Democrats say the U.S. can’t.

  1. I really appreciate your site and enjoy the cheery title too…

    I’m troubled however because of the impeachment attempts recently.
    I imagine not many of the Congresswomen have the gall to stand up against such a thing as a thousand mile pentagram drawn in human blood… but fight on we will.

  2. Mick — I agree 100 percent. In fact, I wrote a piece today from my perspective as the son of an independent petroleum geologist smack in the middle of the oil patch (i.e., Oklahoma). Give it a look. I think you’ll enjoy it.

  3. This claim is totallly false, in fact the Chinese have no permit nor drilling rigs out there . It is the Oil people who are trying to lie us into doing offshore drilling. Yes I do believe in drilling for oil offshore but they have to prove to me that it is save. We need to drill for more oil but conservation comes first then oil drilling.

  4. The claim is totally truthful. The U.S. has massive oil reserves that have been systematically been put off limits by the Democrat party in their alliance with global environmental socialists. The U.S. can be oil and gas independent of Venezuelan and Iran dictators. The jig is up.

  5. Notice that Al Gore, Hillary and Obama don’t risk their “very important” lives driving around in tiny Smart Cars. Instead, these VIPs are being driven and jetted around, coast to coast, in SUVs and private jets.

  6. I know how to save gas and oil . Dont let the democrat DICTATORS and environmental socialists use GAS or any thing made with oil. I hope they know that platics are made with oil thats 80% to 90% of everything in the country. Aluminum has nat. gas in it. They can use two cans and a string for there cell phones.

  7. I was researching this issue today because I wanted to know who was right, and it is very clear that Dick Cheney/George Will, etc. were totally lying. China is NOT drilling off the coast of Florida. Why can’t the retards on this website admit that they were totally wrong?

  8. http://money.cnn.com/2006/05/09/news/economy/oil_cuba/index.htm presents an interesting story about a partnership between China and Cuba for drilling for off shore oil. They even provide a map with the article.

    The article further states that US companies didn’t bid on contracts because of the US moratorium on further off-shore oil drilling.

    Now, I am not really very bright, but I don’t think CNN is the lackey of the radical right. So, how is China not drilling off the coast of Florida?

  9. Joe, Thanks for digging into the lies by the socialist/Democrats.

    I believe that’s why Congress has the lowest approval rating in history at 9 percent, Bush’s approval rating is 300 percent higher.

  10. WTF? Is there another developed country in the world that does not explore and drill for oil on its own territory? What kind of political party have the Democrats become?

  11. Vice President Dick Cheney’s office acknowledged on Thursday (8/16/08)that he was mistaken when he asserted that China, at Cuba’s behest, is drilling for oil in waters 60 miles from the Florida coast.

  12. That’s interesting, I think you may be reading some Pelosi propaganda. Google Rigzone, China, Cuba drilling and add in PDVSA. Chavez is doing deals with both China and Cuba on oil production.

    Or are you one of the Kool-Aid drinkers who thinks the U.S. should leave the oil reserves in the ground?

  13. These are serious issues that need to be discussed by adults, not adolescents calling each other names across the playground. Grow up! Democrats are not socialists any more than Republicans are nazis. The sooner we get by the useless labels and confront the issues the sooner we will TOGETHER come up with viable solutions. We are all Americans. I wish we could start acting like it. We disagree, yes, but it is the procedure of resolving the disagreements that has made us a durable world leader for two centuries. Let’s not give it up now. United we stand, divided we fall. Time is short.

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