china has 25,620 barrels of oil in reserve.
how much oil does china have in reserve?
25,620
Na
Na
"faced with political difficulties in mexico, as well as the intrusion of saltwater into some of the major producing field, the united states and other foreign oil companies began to seek other sources of supply particularly in venezuela, and interest in the middle east intensified as well." foreign oil companies continued to pump as much oil as quickly as possible for exportation, until the mexican expropriation in 1938, “ignoring reasonable conservation measures to export as much oil as quickly as possible”. “mexico only found itself compelled by the rebellious and defiant conduct of the oil companies that is decreed the expropriation of their properties.” the united states refusal to recognize and work with mexico’s post-revolution government, along with a very hazardous work environment that lead to workers strikes and revolts, forced the mexican government to expropriate the land.
petroleum industry in mexico