VivirLatino

Oil is gold these days, as a hot topic on the presidential campaign trail, and as a commodity that fuels more than homes, but also wars and diplomatic relations. Take the U.S. relationship with Venezuela for example. One of the biggest threats that President Chavez has made is that he will cut off U.S. access to Venezuela’s oil. Now there is a new potential threat. Well not new, pero a new spin on an old threat. Cuba announced that there may be more than 20bn barrels of recoverable oil in offshore fields in Cuba’s share of the Gulf of Mexico, more than twice the previous estimate.

What does this mean if it is indeed true?

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