marches72 %Argentina relies on shale oil for 72% of its production

Argentina relies on shale oil for 72% of its production

Shale oil now accounts for 72% of Argentina's oil production, according to recent data.

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The fact

This dependence has grown under President Javier Milei, despite harsh austerity measures.

Rising living costs and household debt, however, threaten the country's economic stability.

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Auto-synthesis from 1 media source · identified on September 16, 2026