Argentina Unveils $5.1B Subsidy to Lure Shale Drillers

Save your subsidy and give landowners the rights on the subsoil. Like it is in the US where landowners not only own what’s on the land but also what’s below it. That would be an incentive for them to make things happen and cooperate with developers. And yes, just stop the economic insanity. Argentinas’ biggest problem is the lack of trust that everyone has for them. They make commitments and shortly after, they renege on them. Nobody is going to sink billions in your country if you are not to be trusted. #Shale #Upstream

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