This book provides a study of the transformation of the Latin American oil system.This book provides a study of the transformation of the Latin American oil system from one in which the international oil companies dominated to one which is dominated by the main state oil companies, and an account of how some of the more important of the state companies have operated.This book provides a study of the transformation of the Latin American oil system from one in which the international oil companies dominated to one which is dominated by the main state oil companies, and an account of how some of the more important of the state companies have operated.This book provides a study of the transformation of the Latin American oil system from one in which the international oil companies dominated to one which is dominated by the main state oil companies, and an account of how some of the more important of the state companies have operated. This comprehensive guide to the evolution of the Latin American oil system combines in one volume a synthesis of material from secondary sources and original research and thus provides an invaluable reference for all concerned with the history and economy of Latin America and with the development and functioning of the international oil industry.List of tables; Preface; Glossary; Abbreviations; Note on currencies and other units of measurement; Maps; Introduction; Part I. The World Oil Environment: 1. The corporate ascendancy 18901927; 2. Retrenchment and concentration 192841; 3. The making of the post-war oil world 194255; 4. The major companies in retreat 195570; 5. The oil market revolution and its consequences for Latin America 19719; 6. Latin America in the twentieth-century oil system; Part II. The Major Expropriations: 7. Politics and the concession contract; 8. Argentina: YPF, Yrigoyen and the 1935 oil law; 9. Some nationalisations of the 1930s: Chile, Uruguay, Bolivia; 10. C?rdenas and the Mexican oil nationalisation; 11. The ló