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 incoming one. Cristina Kirchner faced several charges in court after leaving office. One of those concerned the sale of dollar futures at very low prices near the end of her term of office. This became a problem during Macri's presidency. The operation was carried out by the Central Bank, but judge Claudio Bonadio believes Kirchner is the instigator. Kirchner is also being investigated for her role in "The Route of the K-Money" scandal. About US$1 million of her assets was frozen while Bonadio investigated the case. She took advantage of the hearing to organize her first political rally since leaving