El Petroleo es Nuestro: A History of Oil in Mexico
Mexico's experience with oil contrasts sharply to the development of the same resource from the same formations in the United States, and it illustrates the most salient cultural, political, and historical differences between the two countries. "El Petroleo es Nuestro" uses the history of oil in Mexico to tell the story of the development of modern Mexico and its national institutions. Remastered and re-released for 2018!
El Petroleo es Nuestro: A History of Oil in Mexico
03 - The Expropriation
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Brandon Seale
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Season 1
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Episode 3
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 united the Mexican business class with the socialist labor movement to forge the coalition that would rule Mexico for the next sixty years?Suggested reading: Jonathan C. Brown and Alan Knight, "The Mexican Petroleum Industry in the Twentieth Century."