The Cuban Energy Crisis
Submitted by Bob-45 on Sat, 02/11/2012 - 09:19in
Written by Andrew Snyder, Editorial Director, Inside Investing Daily
The energy industry has been turned upside down. This time, one of Uncle Sam's biggest foes stands to get rich... right in front of us.
Finally... somebody is drilling in a big way off our coast. The huge China-built Scarabeo 9 rig arrived 80 miles south of Key West late last month and has already cut into the Earth's crust.
It will be one of the first rigs to ever attack what could be as much as 9 billion barrels of Gulf crude.
read more http://www.insideinvestingdaily.com/intro-pop-weekly-wrap/in...
More supply
Hopefully this helps to drive down the price of oul.
People need lower fuel prices.
donvino