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 2007 and proposed Cristina Kirchner instead, it was rumored that the couple might attempt to run for the presidency in alternate elections, to circumvent the constitutional limit of a single re-election. The death of Néstor Kirchner in 2010 derailed such a plan. She had a low positive image, below 30%. On 21 June 2011, Cristina Kirchner announced she would run for a second term as president. A few days later, she announced that her economic minister Amado Boudou would run for vice-president on her ticket. This selection was an unexpected one, as Boudou usually acted like a rock star instead