El Petroleo es Nuestro: A History of Oil in Mexico
El Petroleo es Nuestro: A History of Oil in Mexico
Latest Episodes
01 - The Oilfinders
Porfirio Diaz, Standard Oil, Weetman Pearson (El Aguila), Edward Doheny (La Huasteca), and gushers! Suggested reading: Jonathan C. Brown, "Oil and Revolution in Mexico." Link here: http://tinyurl.com/zvermpa
02 - Revolución
The oil companies withdraw from Mexican society as Revolution ravages the country. As Post-Revolutionary governments reassert control over the country, they go to battle with the oil companies over the validity of their holdings and soon find alli...
03 - The Expropriation
On March 18, 1938, Mexican President Lazaro Cardenas expropriated the properties of the American, English, and Dutch oil companies operating in Mexico. Was this the ideological act of a political radical? Or a calculated piece of realpolitik that ...
04 - The Golden Age of Pemex
Antonio J. Bermudez assumes the Directorship of PEMEX and makes it the animal we have come to know and love. PEMEX truly becomes an oil company, making critical downstream investments and finally surpassing pre-Expropriation activity. But hints at...
05 - Poor Planning
In this episode, we struggle to make sense of PEMEX's adolescent period. Great measures - such as the formation of the Instituto Mexicano de Petroleo - are taken which will yield fantastic results a decade later. But disturbing patterns begin to e...