Resumen

AGUERO, Argenis. The geopolitical and economic dimension of Venezuelan oil in the first decades of the 20th Century and its repercussion in Cojedes State. Tiempo y Espacio [online]. 2012, vol.22, n.58, pp.63-87. ISSN 1315-9496.

This study begins with a vision of the background and the initial moments of oil activity in Venezuela, and follows its evolution during the first two decades of the 20th century, its connection with international tentacles and their respective repercussion in the internal political scene.   It deals with the beginnings of oil legislation and its short term evolution, its impact and consequences for the country, and also the influence of the oil companies in their orientation of legislation in function of their own interests.  In order to better comprehend this aspect there is an analysis of the relationship between international capital and the Gomez regime and its role in sustaining that government using the connivance of mutual interests.   Finally it scrutinizes the oil policy developed in the third decade of the 20^th century, emphasizing the opening and granting of concessions to different economic sectors, where there is a notable presence of owners of large estates and persons related to the regimen, producing an “oil fever” that was felt in all the country, even touching areas with few possibilities of development within the oil industry, as is the case of the region of Cojedes State.

Palabras clave : Cojedes State; oil companies; oil legislation; 20^th century.

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