The Mexican Petroleum Industry, 1938-1950

The Mexican Petroleum Industry, 1938-1950 provides a comprehensive exploration of one of the most pivotal events in Mexico's modern history: the nationalization of its petroleum industry. On March 18, 1938, Mexico shocked the world by expropriating the assets of major international oil companies, effectively transferring control of the nation’s petroleum resources to the government agency Petróleos Mexicanos (Pemex). This bold move sought to assert Mexico’s sovereignty over its natural reso...