Mexicans remember Oil Expropriation Day (Día de la Expropiación Petrolera) as the day that the country’s oil fields were nationalized on March 18, 1938.
Is Oil Expropriation Day a Public Holiday?
Even though Oil Expropriation Day falls on Saturday, March 18, 2023, it is a working day. Most businesses follow regular opening hours in Mexico.
Oil is often extracted with the help of large oil rigs.
Some Mexicans in the oil and gas industry celebrate Oil Expropriation Day with events to honor the sovereignty and national ownership of oil resources.
Public Life
Oil Expropriation Day is a national observance in Mexico.
About Oil Expropriation Day
With oil being one of Mexico’s important resources, Mexican president Lázaro Cárdenas nationalized all oil reserves, facilities and oil companies on March 18, 1938. This was done in the best interest of Mexicans. Mexican state-owned petroleum company Petróleos Mexicanos (PEMEX) was established shortly after.
Oil Expropriation Day Observances
Year
Weekday
Date
Name
Holiday Type
2018
Sun
Mar 18
Oil Expropriation Day
Observance
2019
Mon
Mar 18
Oil Expropriation Day
Observance
2020
Wed
Mar 18
Oil Expropriation Day
Observance
2021
Thu
Mar 18
Oil Expropriation Day
Observance
2022
Fri
Mar 18
Oil Expropriation Day
Observance
2023
Sat
Mar 18
Oil Expropriation Day
Observance
2024
Mon
Mar 18
Oil Expropriation Day
Observance
2025
Tue
Mar 18
Oil Expropriation Day
Observance
2026
Wed
Mar 18
Oil Expropriation Day
Observance
2027
Thu
Mar 18
Oil Expropriation Day
Observance
2028
Sat
Mar 18
Oil Expropriation Day
Observance
While we diligently research and update our holiday dates, some of the information in the table above may be preliminary. If you find an error, please let us know.