Vaca Muerta (Neuquén, Argentina) fracking project went in three years from discovery to full development (13,000 workers) and now to decay. With the current price of Brent at 56 dollar a barrel, Vaca Muerta cannot compete and is sacking 1000 workers. Just as in the times of Rockefeller, the oil industry is suffering from cyclical chaos.
No comments:
Post a Comment