This Week in Petroleum History, December 2 – 8
December 2, 1942 – Roosevelt creates Petroleum Administration for War –
President Franklin D. Roosevelt established the Petroleum Administration for War, “for the successful prosecution of the war and other essential purposes.” The executive order came after oil and natural gas industry leaders met with Interior Secretary Harold L. Ickes, head of the newly created Office of Petroleum Coordinator for National Defense, which established five districts for managing gasoline rationing. (more…)
