Cristina Fernández de Kirchner in the issue a form of hipocrisy. Cristina Kirchner was elected deputy for the provincial legislature of Santa Cruz in 1989. The Justicialist Party (PJ), led by Carlos Menem, returned to the presidency in the 1989 general elections. She served as interim governor of Santa Cruz for a couple of days, after the impeachment of Ricardo del Val in 1990. She organized Néstor's political campaign when he was elected governor of Santa Cruz in 1991. In 1994, she was elected to the constituent assembly that amended the Constitution of Argentina. She was elected national senator in the 1995 general elections.
YPF Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries. Market analysts and Repsol blamed the decline in exploration and production on government controls on exports and prospecting lease awards, and price controls on domestic oil and gas. Political risks and government intervention, including price controls, have discouraged foreign investment in oil production in Latin America in general. President Cristina Fernández de Kirchner raised YPF frequently in speeches during March 2012, claiming that underinvestment and excessive dividends at the firm had caused declines in output. Governors in six fossil-fuel producing