[Darthbuddha]

There's rich mineral/gas deposits. Also the part that we lost to Bolivia does contain oil. Also with fracking probably there is oil to be found, but not worth the investment, yet. Don't spread misinformation please. Half of The Chaco was already occupied by Bolivia when the war started. It wasn't Paraguay just starting the war. Same for triple alianza, England had a lot of interest in keeping Paraguay from becoming industrialized.

[hermitcrab]

>England had a lot of interest in keeping Paraguay from becoming industrialized.

I don't remember reading about that. Please explain.

[steviedotboston]

So rich that paraguay imports all of its oil and gas.

[collingreen]

Are oil and gas completely fungible and equally processable? I know the USA both exports and imports oil (and has lots of processing) and my impression was there is a lot of nuance in the raw ingredients, their processing, and the logistics of each step of the way.