Record Vaca Muerta Output Fails to Lift Argentina’s Wider Economy
Argentina’s Vaca Muerta is booming as the key shale province outside the United States has seen record oil and near-record natural gas production in recent months. Vaca Muerta’s fortunes, however, appear to be confined so far to the area in which the shale patch is located, the province of Neuquén i
Source: OilPrice.com
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DW NOTE
Vaca Muerta is now producing more oil and gas than ever — Argentina's shale basin has tripled output since 2020 — yet the country remains trapped in a cycle of inflation, devaluation, and capital flight. Energy abundance doesn't cure monetary dysfunction; it just funds it longer.