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Topic - Yaciminetos Petroferos Fiscales

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  • Argentine President Cristina Fernandez, motioning for silence as her YPF proposal is read at Government House in Buenos Aires, says it will restore Argentina's sovereignty, increase its oil production and lessen imports. (Associated Press)

    GHEI: Argentina's theft

    Leftists love to hate Big Oil. Extracting crude and refining it into a usable energy source is necessarily a massive operation involving great risk, expense and profit. That makes the industry a natural target for demagogues. Argentina is taking the politics of envy to the extreme.

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