The Chinese have forged a deal with the Cuban government to start drilling for oil near Key West, Florida. As our Congress continues to hopelessly debate the issue about offshore drilling for oil, the Chinese are taking advantage of a golden opportunity. As Bill Mayer, in the American Free Press, reports,
While Washington dithers over exploiting oil and gas reserves off the coast of Florida, China has seized the opportunity to gobble up these deposits, which run throughout Latin America, the Caribbean and along the U.S. Gulf coast.
The Chinese have forged a deal with Cuban leader Fidel Castro to explore and tap into massive oil reserves almost within sight of Key West, Florida. At the same time, Venezuelan President Hugo Chavez, who controls the largest oil reserves in the Western Hemisphere, is making deals to sell his country’s oil to China, oil that is currently coming to the United States.
To continue reading Mayer’s “China Starts Oil Drilling off Flordia,” click here.
I noticed the American Solutions’ “Drill Here. Drill Now. Pay Less” petition now has 1,081,091 signatures. To read about the latest news with this petition, go here. And, if you have not signed this petition yet, you need to do it now by clicking this link.