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
Presidency of Cristina Fernández de Kirchner owner of video cable networks, multiple TV Channels, radio stations, the main newspaper, and—through most of a decade before 2010—had a monopoly on Argentine football broadcasts: it is thus so-called opinion-former. By 2010 it was obvious to independent sources that the traditionally major news media were in a direct conflict with the government, often reporting misleading Information. In April 2008, Kirchner received a stern public rebuke from the Argentine media owners Association (Spanish: "Asociación de Entidades Periodísticas Argentinas", or ADEPA) for having publicly accused the popular cartoonist Hermenegildo Sábat of behaving like a "quasi mafioso". In addition, a government proposal