Synopses & Reviews
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 Petróleos 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.
Review
“Here is that rare thing—the scholarly account that is also enjoyable to read.”
—Worldview
Review
“Chock-full of fascinating and salient material. . . . It is well researched, intelligently organized, cogently analyzed, and very skillfully written. It is recommended reading for students of Mexico, petroleum economists, and political scientists interested in the interplay of economic and sociopolitical development.”
—Inter-American Review
Review
“George Grayson's book is a full analysis of the oil sector in Mexican domestic and foreign affairs, covering PEMEX, labor aspects, the OPEC relationship, the Ixtoc blowout and more.”
—Foreign Affairs
Synopsis
George Grayson examines the influence of oil and the oil sector both within Mexican society and in its relations with other nations, as he traces the development of the oil industry from its beginnings in 1901 up until the 1980s.
About the Author
George W. Grayson is the Class of 1938 Professor of Government at the College of William & Mary, a senior associate at the Center for Strategic & International Studies, and an associate scholar at the Foreign Policy Research Institute.