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Argentina's Vaca Muerta Fuels Oil Production Surge

OilPrice.com Wednesday, 12 March 2025 ()
Argentina’s controversial president Javier Milei, a self-described anarcho-capitalist, on taking office enacted strict austerity measures to rein in rampant triple-digit inflation, kick-start the economy and slash a massive fiscal deficit. While it is too early to tell if Milei has reversed decades of economic mismanagement there are promising signs of a miracle emerging. Inflation has plummeted while Argentina’s strife-torn economy is returning to growth boosting the country’s appeal to foreign investors. This, in turn,…
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