The Rising Influence of Rising Affluence

[semi_infinite]

Both Repsol and Ypf were quasi government run agents at one point. This is a spat between national interests. I think Ypf will just revert to the Menem era days. I thought they were a pretty nimble company back then. Repsol was just a little weird for my taste, their willing to get cornered into a $2.5/barrel netback situation confirms that.

Ypf for example would have an easier time getting into brazil, venezuela or other LA countries than Repsol. I may start nibbling.