Lopetegui and the blow by the end | He asked Niel …



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Energy Secretary, Gustavo Lopetegui, and Todos Front economist, Guillermo Nielsen, shared a panel at IDEA before Wednesday, June 12. The former finance secretary of Nestor Kirchner revealed in this country that he was working on a bill aimed at guaranteeing a differentiated promotion regime at Vaca Muerta. "I listened carefully to the Nielsen show. He explains that they are studying 24 dimensions of competitiveness to badociate Vaca Muerta with the Permian (the shale formation that has received the most investment in the United States in recent years). I hope that one of the 24 is to maintain capitalism, "reconstructed Lopetegui after hearing the presentation of Nielsen. Two months later, forced by the economic crisis, the government of Mauricio Macri froze the price of crude oil and fuels for 90 days, causing a rebellion in Vaca Muerta, where he expected a sharp reduction in investment.

"Vaca Muerta has the opportunity to generate a very significant increase in exports and the supply of foreign currency, which will facilitate the payment of debt once again a ghost of the past," said Nielsen in this exhibition. Then he added: "We need Vaca Muerta to have conditions of competition equivalent to those of the central countries. This is why we are working very closely with the main protagonists of Vaca Muerta who have identified 24 dimensions of distance to efficiency by regulation. " "We are introducing a bill that we wish to be the basis of a state policy. This is not a sector issue. All Argentine political forces must agree on a regime that remains and that can change history and allow Vaca Muerta to have the development it potentially has (…) What is it about when we talk about state policy? From the self-limitation of the political clbad to influence a sector, "insisted the economist.

Once Nielsen finished his presentation, Lopetegui baffled: Let's hope that one of the 24 goals is to maintain capitalism. "

– "We had not thought about the Cuban revolution. I was not on the agenda. – Nielsen rebuilt.

-We have tested many economic systems in the country. Maybe to try once with capitalism to see what happens is not bad because we did not appreciate that. – Lopetegui insisted.

-I would like to convey the peace of mind regarding the capitalist dimension. This has been understood but it is good to explain it because in Argentina we had policies of all colors and with all the errors. The truth is that few people can throw the first stone because we made very big mistakes with people who call themselves very capitalist. – Nielsen replied.

What came next, is the known history. After the defeat in the primary elections, the government again devalued the currency in the midst of a crisis it fails to control and to try to keep a chance in the general elections, it launched a battery of measures aimed primarily at intermediate sectors, including an unprecedented freeze on the price of crude oil. In fact, this is the first time since the deregulation of 1991 that industry prices have been formally frozen, as former Minister of Energy Juan José Aranguren acknowledged in the latest report of his consultancy Energy Consilium.

"To say that Lopetegui was targeting me at IDEA Neuquén when I talked about our proposal for Vaca Muerta. He asked me curiously if the proposal included its realization in the capitalist system !!!! Said Nielsen last week after experiencing the measure.

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