Argentina's Vaca Muerta Fuels Oil Production Surge

Argentina’s controversial president Javier Milei, a self-described anarcho-capitalist, on taking office enacted strict austerity measures to rein in rampant triple-digit inflation, kick-start the economy and slash a massive fiscal deficit. While it is too early to tell if Milei has reversed decades of economic mismanagement there are promising signs of a miracle emerging.

Inflation has plummeted while Argentina’s strife-torn economy is returning to growth boosting the country’s appeal to foreign investors. This, in turn,…