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Caribbean nations search for oil amid spill fears

2013-04-01 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The turquoise waters that have long brought treasure seekers to the Caribbean now are drawing a new kind of explorer as countries across the region increasingly open their seas to oil exploration. From the Bahamas and Cuba down to Aruba and Suriname, international oil companies are lining up to locate potentially rich offshore deposits in the Caribbean. The countries hope drilling could lead to a black-gold bonanza, easing demand for imported oil and diversifying their economies. It's a longstanding...

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