Argentina oil production wonkfest

A superb piece of economics journalism over at La Nacion today, which shows the fall in the country's oil production in great detail and via a very neat interactive chart. There isn't really any way to encapsulate just how good the data and its presentation really is, so just click though and see for yourself how year by year, well by well and company by company data is shown (and don't worry too much if your Mexican isn't up to scratch, as the data is presented so well that very basic Spanish will suffice).

What we can say is that one of the Argentine government's main assertions that fuelled (as it were) the decision to expropriate YPF, that the Repsol-owned company had not invested in the country particularly in 2011, is obviously true. However, we can also see that the whole country energy policy is a total clustafark.