Did you know Trivia - On April 8, President Felipe Calderon dropped a political bomb on the Mexican political scene. The Senate received an executive initiative that would fundamentally change the structure and operations of the oil company, Petroleos Mexicanos (Pemex). Key operations of the state-owned enterprise would be taken over by private companies.

In the reform proposal, Calderon and his National Action Party (PAN) took care to avoid calling for modifying the Mexican Constitution. National ownership of petroleum is a touchstone of nationalist pride in Mexico since President Lazaro Cardenas expropriated private companies on March 18, 1938. At that time, citizens fed up with the arrogance and voracity of foreign oil companies supported the expropriation by donating everything from live chickens to family jewels to pay compensation and regain control of the resource. The Mexican Constitution is very clear about who owns Mexican oil: "The nation has direct dominion over all national resources of the continental platform ... (including) petroleum and all solid, liquid, or gaseous hydrocarbons ..."

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