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The first nationalization of a North American oil company by a South American country took place in 1937 where?

Question #152126. Asked by pehinhota.
Last updated Jun 12 2025.
Originally posted Jun 12 2025 5:30 AM.

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elburcher star
Answer has 2 votes
elburcher star
25 year member
1600 replies avatar

Answer has 2 votes.
Bolivia
In 1937, the Nationalization of Standard Oil Company assets in Bolivia marked a crucial step towards asserting Bolivian control over its natural resources. The decision was a response to the oppressive practices of the foreign-owned company and aligned with Bolivia's desire for economic autonomy.

link https://www.mooflife.com/bolivia/moment/nationalization-of-standard-oil-assets-in-bolivia

Jun 12 2025, 6:40 AM
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