Wednesday, August 02, 2006

The Chinese Are Coming.......

Chinese-Cuban Oil Rigs Rise off Florida Coast. While Cuba's immediate future may be in doubt, this much seems certain: the Chinese are coming!

With help from China, Canada, and Spain, the Communist dictatorship is drilling for oil less than 60 miles off the coast of Florida. A total of 36 huge rigs are planned.

The Cuban government has also signed a contract with China's oil and gas company, Sinopec, to explore areas around the island thought to contain oil deposits.

But the presence of Chinese oil rigs within view of the Florida coastline is a dramatic development, angering many Americans.

Even worse, from an American perspective, Iran has promised to fund both exploratory drilling and building refineries on the island, according to the Tehran Times.

China Confidential has the rest.....

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