Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on December 21, 2006

Bookmark and Share

The Economist: energy Argentina’s “biggest worry”

“Consumption has risen but investment has collapsed. Argentina has depleted its gas reserves, from 15 years` worth of production to fewer than ten.


Industry sources warn of blackouts in 2007 if weather conditions are unfavorable. Fear of blackouts has suppressed investment in energy-intensive businesses, such as steel, aluminum and petrochemicals”.


“Other bottlenecks will make it harder to sustain growth even at a more modest pace….”
Mercopress



Leave a Reply

Your email address will not be published. Required fields are marked *