AP WAS THERE: Mexico's 1938 seizure of the oil sector from US companies
This image shows the front page of the March 19, 1938, edition of The El Paso Times with an AP story, "Mexico Seizes U.S., British Oil Interests." Mexico took control of its most precious natural resource by seizing the oil sector from U.S. companies in 1938, in a move that's taught starting in first grade today and celebrated each year as a great patriotic victory. Credit: AP
MEXICO CITY — 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. Claudia Sheinbaum has 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.
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