style

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

Font size+Author:World Window news portalSource:sport2024-05-21 08:28:37I 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
  • Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

    Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

    2024-05-21 08:01

  • Silk Flowers Help Local Women Gain Employment in Hebei

    Silk Flowers Help Local Women Gain Employment in Hebei

    2024-05-21 07:48

  • Festive Events Highlight New Year Celebrations in Macao

    Festive Events Highlight New Year Celebrations in Macao

    2024-05-21 07:03

  • Sheep Breeding Cooperatives Boost Incomes of Xizang Herders

    Sheep Breeding Cooperatives Boost Incomes of Xizang Herders

    2024-05-21 06:46

Netizen comments