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What is Oil Industry Legislation in Mexico about?
This document describes the history of the oil industry in Mexico and the world. It explains that the oil industry began in the United States in 1859 and reached Mexico in the late 19th century, when foreign companies controlled most of Mexican oil production. After the Mexican Revolution and the promulgation of the 1917 Constitution, Mexico assumed sovereign control of its oil resources. In 1938, President Lázaro Cárdenas expropriated the foreign oil companies.
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- ScribdTranslations
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- EN