Is Chevron Making a Mistake in Argentina?

Though I’m obviously not a fan of Big Oil, I try to stay somewhat conversant with the issues that these behemoth entities face, and so I read a number of articles like this one on Chevron’s commitment to harvesting the shale oil in Argentina.

The points of focus here aren’t what readers may think:

• The morality of ripping the last molecule of crude from the ground and burning it, an enterprise that is essentially certain to ruin the only planet we have, or

• The fact that Chevron owes $19 billion in restitution to the people of Ecuador for the criminal destruction that Texaco (which Chevron acquired in 2001) perpetrated there (though this subject is mentioned — albeit incorrectly).

Rather, it’s the cat-and-mouse game that huge corporate entities in the oil industry play against the reign of big government. Interesting reading; hope you enjoy.