Monday, October 30, 2023

The gas belongs to the Argentines.


 ”Si el martes a las 12 de la noche no está resuelto el abastecimiento de combustibles, desde el miércoles no van a poder sacar un barco de exportación porque primero el petróleo de los argentinos es de los argentinos”, dijo Massa.

The old slogan of Arturo Frondizi "The gas belongs to the Argentines" is being used once again. Gas is unavailable in most Buenos Aires, and the Minister for Economy addresses the oil companies: supply the gas or else. 

I think the companies are losing money with the current price specially after the drastic devaluation of the last week. Massa is the probable next president. 

Frondizi expropriated the oil companies and Argentina had to import fuel for the next decades. Argentina's governance did not improve.  

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