Shockingly, all of these "experts" also happen to be ardent opponents of U.S. policy and constantly warn of "missed opportunities" that are being snatched up by foreign oil companies -- thereby hoping to seduce U.S. oil companies into lobbying Congress against Cuba sanctions.
Yet -- a decade later -- there's still no offshore exploration in Cuban waters.
Why? Because it's not commercially viable -- even for foreign companies -- mostly thanks to U.S. sanctions.
However, "experts" were convinced that exploration would begin by the end of 2010, pursuant to reports of an Italian-owned exploratory rig being built in China, which would bypass American components subject to U.S. law.
And they really, really meant it this time.
Well, yesterday Reuters reported that the infamous rig has been delayed for another six months.
Guess the "experts" will have to keep waiting.
