In 1938 this country nationalized its oil industry as PEMEX; in 2008 there was talk of privatization
The petroleum sector is crucial to the Mexican economy; while its oil ... 
High taxes on the revenues of Pemex provide about a third of all the tax .... 1938, 
Mexican President Lzaro Crdenas announced the nationalization of all oil... [DOC] [TLE] Mexican Expropriation of Foreign Oil, 1938 - Milestones in the ... [PAR] Guide to Countries ...