Oil off Cuba drawing interest

In the two years since oil reservoirs were discovered off Cuba’s coast, Canadian, Chinese, Indian and Norwegian companies have lined up to explore the potentially lucrative Caribbean waters, and Louisiana’s trying to get in on the action.

..U.S. corporations have watched the activity less than 60 miles south of Florida’s coastline with their hands tied. U.S. oil exploration in Cuban waters — along with most U.S. trade — is prohibited under a 45-year-old U.S. embargo designed to undermine Castro’s communist government.

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