With reports confirming that the North Cuba basin has significant quantities of oil and Cuba opening its doors to foreign conglomerates with offers of production-sharing agreements, will America's trade embargo with Cuba become a thing of the past?

Many experts certainly feel that it will be absurd in the present times of rising gas prices and the unstable Middle East to sit back and let other countries take Cuban oil.

If Cuba becomes an oil exporter, America will have to look to its strategic interests and forget a policy that might be too costly to keep.

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July 29, 2006 / category: Oil / link / comments (0)

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