Cuba an Oil Giant?

The Guardian is reporting that Cuba has discovered oil reserves potentially as large as those of the United States. If this is confirmed, then the situation in Cuba could be transformed, with the country becoming not only self-sufficient in oil, but an exporting country. However, the oil is difficult to extract, and the US blockcade prevents access to the most up-to-date equipment to extract it. Nevertheless, this is excellent news, and potentially the key to raising the living standards of the entire Cuban people, as well as adding extra strength to the bloc of Latin American progressive governments. It is possible that the oil might cause the US to soften its attitude to Cuba, or step up its efforts against socialism there, with the type of shenanigans familiar to us from Cuban history, and recent developments in Venezuela.

I heard the Cuban Ambassador to Ireland Noel Carillo talk about the devestating effects of the recent hurricanes on Cuba, and of the rebuilding efforts that are taking place there. Let’s hope that the oil reserves provide the resources to transform the country.

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4 Responses to “Cuba an Oil Giant?”

  1. Walter Lippmann Says:

    It’s great news that Cuba might finally have found a solution to its energy problem. Let’s hope they can find a way to bring the oil out. They’re already meeting nearly half of their domestic needs through domestic production.

    My father and his parents lived in Cuba from 1939 to 1942. They were German Jewish refugees from Nazi Germany, and they were not political left-wingers. That family history is where my own interest in Cuba comes from.

    Cuban society today represents an effort to build an alternative to the way life was under the dictatorship of Fulgencio Batista, who ran Cuba before Fidel Castro led a revolution there. No one complained about a lack of human rights and democracy in those days, but U.S. businesses were protected.

    Some things work, some don’t. Like any society, Cuba its flaws and contradictions, as well as having some solid achievements. No society is perfect. But we can certainly learn a few things from Cuba’s experience.

    Cuba is the only country on earth for which people from the United States need a permission slip from the federal government to go for a visit. You folks in the UK are lucky to live in a country with normal relations with Cuba.

    I’ll share your comments with the CubaNews list.

    Walter Lippmann
    Los Angeles, California

  2. Garibaldy Says:

    Hi Walter,

    It is indeed great news. I agree with you that Cuba has its problems, but that its government and people are genuinely trying to build a better society, and have achieved many great things. I think one of the things I admire most is the Cuban people’s desire to help other countries in need. It’s a true internationalism. I guess that sense was there when your father and his parents lived ther at a time when many other countries were rejecting people in their situation.

    Thanks for putting my comments on the CubaNews list. It’s valuable work you’re doing, and I’m sure it’s not easy to do it from LA. Best of luck with it.

  3. Baku26 Says:

    Last Saturday night the WP in Belfast held a very successful fundraiser for the Cuban people to assist with reconstruction after the hurricanes.

  4. Garibaldy Says:

    Good stuff Baku.

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