Mosconi managed YPF efficiently and, while establishing a soon-to-be major oil company, starts fighting the political pressure of two giants of hydrocarbon exploitation: the British-Dutch Royal Dutch, and John D. Rockefellers' Standard Oil.
The 1991 election of Río Gallegos Mayor Néstor Kirchner as Governor led to de Vido's appointment as Santa Cruz's Economy Minister, in which capacity he oversaw the investment of a US$535 million payout Kirchner negotiated for his oil-rich province when the State oil concern, YPF, was privatized in 1993.
He joined YPF shortly after graduation, and worked in the Dallas-based Maxus subsidiary following its 1995 acquisition by YPF.
The city was founded by an Italian immigrant, engineer Enrico Mosconi, on 25 February 1888 (he was the father of military engineer General Enrique Mosconi, first director of the YPF state oil company).