world

AP WAS THERE: Mexico's 1938 seizure of the oil sector from US companies

Font size+Author:World Watch news portalSource:entertainment2024-05-21 10:25:08I want to comment(0)

MEXICO CITY (AP) — EDITOR’S NOTE:Mexico took control of its most precious natural resource by seizin

MEXICO CITY (AP) — EDITOR’S NOTE:

Mexico took control of its most precious natural resource by seizing the oil sector from U.S. companies in a move that’s taught starting in first grade today and celebrated each year as a great patriotic victory.

The woman holding a double-digit lead in the June 2 election to replace President Andrés Manuel López Obrador is an environmental engineer who helped produce the 2007 Nobel Prize-winning Intergovernmental Panel on Climate Change report. She’s also been a faithful protege of López Obrador, who hails from the oil industry’s Gulf of Mexico heartland and led a 2008 fight against energy reform.

The AP is making available its story from March 18, 1938, reporting the expropriation of foreign oil companies.

___

MEXICO SEIZES U.S., BRITISH OIL INTERESTS

President Lazaro Cardenas tonight announced expropriation by the government of foreign oil companies operating in Mexico.

Related articles
  • The fightback begins: Boss of London's Queen Mary University tells pro

    The fightback begins: Boss of London's Queen Mary University tells pro

    2024-05-21 09:13

  • Westminster dog show is a study in canine contrasts as top prize awaits

    Westminster dog show is a study in canine contrasts as top prize awaits

    2024-05-21 08:58

  • Giancarlo Stanton's HR, Carlos Rodón's 6

    Giancarlo Stanton's HR, Carlos Rodón's 6

    2024-05-21 08:50

  • Babar and Rizwan lead Pakistan smash

    Babar and Rizwan lead Pakistan smash

    2024-05-21 08:24

Netizen comments