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This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1956.
The Mexican oil boom of the 1970s brought great hope and prosperity with it. George Grayson shows the influence of oil and the oil sector both within Mexican society and in its relations with other nations. He traces the development of the oil industry from its beginnings in 1901 up until the 1980s, looking at topics that include the history of expropriation; the creation of the state-run company Petr—leos Mexicanos; graft and corruption within the Oil Workers Union; Mexico's relations with OPEC; the political nuances of oil and gas agreements with the United States; and the prospects for the Mexican oil industry and domestic reforms generated from oil revenue.
Mexico's petroleum industry has come to symbolize the very sovereignty of the nation itself. Politicians criticize Pemex, the national oil company, at their peril, and President Salinas de Gortari has made clear that the free trade negotiations between Mexico and the United States will not affect Pemex's basic status as a public enterprise. How and why did the petroleum industry gain such prominence and, some might say, immunity within Mexico's political economy? The Mexican Petroleum Industry in the Twentieth Century, edited by Jonathan C. Brown and Alan Knight, seeks to explain the impact of the oil sector on the nation's economic, political, and social development. The book is a multinational effort—one author is Australian, two British, three North American, and five Mexican. Each contributing scholar has researched and written extensively about Mexico and its oil industry.