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1000Reasons

1968Event

Petroleum Act centralizes oil control

The Petroleum Act vested ownership and control of petroleum in the federal state.

Hall of FameMilitary I

1968

Petroleum Act centralizes oil control

The Petroleum Act vested ownership and control of petroleum in the federal state.

1000reasons.voteEditorial timeline entry

What happened

The Petroleum Act vested ownership and control of petroleum in the federal state. It helped consolidate federal authority over oil licensing and revenues.

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