Vaca Muerta's Sweet Crude Attracts Global Energy Giants

Argentina’s shale oil and gas boom is gaining momentum despite the political and economic dysfunction engulfing Latin America’s third-largest economy. There are signs that Argentina will become a major source of unconventional gas and a top regional petroleum producer. This is occurring at a time when Argentina is being rocked by another financial crisis, which is the worst to occur since the depression of 1998 to 2002. Inflation has spiraled into triple digits, a fifth of the population is unemployed, and over 40% of Argentineans…