Argentina’s New President Promises to Unleash Shale Gas & Oil
Watch out Marcellus/Utica, and Haynesville, and Permian, and Eagle Ford, and Bakken, and SCOOP/STACK, and other major U.S. shale plays. You may have a new competitor coming (way) south of the border. Argentina has just elected a new President, Javier Milei, who promises to unleash his country's oil and gas industry. Argentina is reputed to have the world's second-largest deposit of shale gas in the world (and the fourth-largest deposit of shale oil). If Milei follows through and is successful in unleashing shale energy, Argentina could become an LNG exporting powerhouse, competing with the U.S. Hey, maybe a little competition is what we need to overcome the cancer of leftist global warming flummery that holds back our own O&G industry.
To view this content, log into your member account. (Not a member? Join Today!)