My mom says she saw it on the news yesterday, I am trying to source the report and none of my searches are coming up positive.
2007-11-02 11:54:25 · 5 answers · asked by andrew l 1 in News & Events ➔ Current Events
Cuba did auction the rights to oil drilling, offshore in the gulf. China did purchase the rights for some of Cuba nearshore waters. Some parcels also went to other bidders. I don't know the exact dollar figure though.
2007-11-02 12:42:15 · answer #1 · answered by morris 5 · 0⤊ 0⤋
The Chinese are the world's largest polluter and have a fast expanding industrial center that requires nearly all oil to be imported. They are making arrangements the world over to get the oil they need so this is not something aimed at the USA as implied. However, this huge demand with the world refining capability maxed out means demand is exceeding supply and is the primary cause for the record high oil prices and THAT does effect the US economy.
2007-11-02 22:03:42 · answer #2 · answered by Caninelegion 7 · 0⤊ 0⤋
I dont know if they give the money, but they are in a partnership!
2007-11-02 19:02:45 · answer #3 · answered by hong_wei886 3 · 0⤊ 0⤋
Oh I hope not.Bush will be in there like a hawk.God help them.
2007-11-02 19:02:12 · answer #4 · answered by Misty Blue 7 · 0⤊ 1⤋
anything to tweak bushes nose.
2007-11-02 21:59:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋