Argentina Finds More Oil, For Itself
One of Argentina’s largest oil companies has found huge new reserves in the Patagonian province of Chubut. "An oil reserve has been discovered in the Escalante basin that’s twice as big as what Chubut has produced to date," said Chubut…
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One of Argentina’s largest oil companies has found huge new reserves in the Patagonian province of Chubut.
"An oil reserve has been discovered in the Escalante basin that’s twice as big as what Chubut has produced to date," said Chubut Gov. Mario Das Neves according to Reuters.
Unfortunately for other countries, Argentina is "oil poor" and will need most of the crude for itself.
Douglas A. McIntyre
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