Advertisement

May 4, 2012

Hitting Argentina for Oil Grab Hurts U.S. Interests

Editors, Bloomberg


AP Photo

Argentina’s Lower House voted on Thursday to approve the expropriation of 51 percent of YPF SA, the country’s largest oil company. Expect more international outrage in weeks to come, when President Cristina Fernandez de Kirchner. . .

Read Full Article ››

TAGGED: foreign oil, oil, U.S. energy policy, sanctions, global oil market, Argentina, Bloomberg

RECOMMENDED ARTICLES

April 30, 2012
Argentine Oil Seizure Rattles Brazilian Nerves
Dom Phillips, Bloomberg
The decision by President Cristina Kirchner of Argentina to seize a majority stake in the oil and gas company YPF SA from Spain's Repsol YPF SA shocked analysts and investors around the world, worsening confidence in Argentina's... more ››
April 23, 2012
Argentina's Oil Grab Is Justified
Will Hutton, The Observer
Suppose the British government knew that a key shareholder in Centrica, our last great British energy company and owner of British Gas, was to sell its stake to Gazprom, so making Russian state ownership inevitable. . . more ››
April 27, 2012
Cristina Kirchner's Risky Business
Christopher Caldwell, Weekly Standard
Argentine president Cristina Fernández de Kirchner cannot claim to be the only world leader to lash out against oil speculators this week. Last Tuesday President Obama used an appearance in the White House Rose Garden to do... more ››
April 23, 2012
Fernandez Alienates Investors for Cash Craving
The Economist
First they came for the pension funds. Then they went for the central-bank reserves. Argentines have wondered for years which kitty Cristina Fernández and her government would grab next to sate their appetite for cash. . . more ››
April 27, 2012
Argentina's Energy Dilemma
Alieto Guadagni, Project Syndicate
The expropriation of nearly all of the Spanish company Repsol’s stake in Argentina’s energy producer YPF, announced in a vehement speech by President Cristina Fernández de Kirchner, has raised legal alarms... more ››
|