Will Cuban Oil Find Break U.S. Embargo?
“I’ve always argued that we would keep the Cuban embargo in place until we got to the point where it started to cost us something.” Today, he adds, “we’re almost there.” Says Phil Peters, vice president of the Lexington Institute, a think tank in Arlington, Va., that defends limited government and free trade, and a Cuba expert: “If Cuba discovers a lot of oil and becomes an oil exporter, the embargo almost becomes an absurdity.”
