Nationalization of oil supplies In April 2010, Argentina's president Cristina Fernández de Kirchner introduced a bill on April 16, 2012, for the expropriation of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries, and declines in output at the firm represented 54% of the nation's lost oil production and 97% in the case of natural gas. Market analysts and Repsol blamed the decline
Cristina Fernández de Kirchner seized materials. Kirchner blamed the whole country for the 2014 default, ruled by US judge Thomas P. Griesa. She said in a "cadena nacional" ("national network") address that the US may be trying to oust her from power, or even assassinate her. She said this a few days after accusing the Islamic State of Iraq and the Levant of similar assassination plans against her. The idea was rejected by opposition leader Elisa Carrió as a mere conspiracy theory. The 30th anniversary of the Falklands War took place in 2012, and Kirchner increased the anti-British sentiment in her rhetoric, reiterating the