Category Controversy

Fracking, coming soon to an unprepared South America

Argentina shale deposits map

Map of Argentina's possible gas and oil-bearing shales, copied from a presentation by Tecpetrol*.

Last week, I did some reporting from a conference called Argentina Shale Oil and Tight Gas. No, they didn’t officially let me in (American Business Conferences apparently has good taste) but I managed to listen in on a few sessions and corner several oil executives too polite to tell me to go away. I’ll have a lot more details coming out in an article or two in the next month (elsewhere — guy’s gotta eat), but for now, let me tell you the basic conclusion for South America: few people here know what’s about to hit them.

El Universo appeals to a higher court (the gringos, obviously)

We love a free press, but does the Latin American version always have to be so darn elitist? (Image from George Baxter, public domain, via Wikimedia Commons)

El Universo, the Ecuadorian newspaper that local courts have hit with a $40 million fine for slandering President Rafael Correa, took a curious tack this week as it sought to defend itself in the court of public opinion while the courts of law prepared to weigh a final appeal (cassation actually, if any lawyers are keeping score).

I got this note Monday, sent to the e-mail I use for my energy blog.

xxx@podesta.com via gmail.com to settysoutham…

Dear Steven,

I hope you are aware of the egregious attack on independent media currently underway in Ecuador and more generally across the region. If you have considered covering this topic, or already have something in the works, the next couple days are a great time to write. A high court hearing, followed immediately by a decision on the El Universo case, has been scheduled for Tuesday, January 24 at 9:00 am….

Wait: @Podesta.com?

Hilarious Argentine controversy is hilarious

It is difficult to compete with Argentina in the department of breathless political drama. The latest involves Federal Judge Norberto Oyarbide, who reportedly holds court in a luxury spa and wears absurdly expensive jewelry while hearing some of the country’s highest-profile corruption cases.