APEAC (Cinco De Mayo)

APEAC, the abbreviation for the Association of Petroleum-Exporting American Countries, is a now-defunct oil cartel that existed between 1962 and 1995, when it was dissolved and many of its members joined OPPS (Organization of Petroleum-Producing States). APEAC was formed to coordinate oil pricing policy with original member-states of Mexico, the Confederate States of America, Brazil, Colombia, Venezuela, Argentina and Ecuador.

In the early 1970s, APEAC used its overwhelming control over the West's oil supply to pursue "oil politics" - in 1974, APEAC staged the American oil embargo, blocking oil exports to the United States, Burgundy, Germany and Sweden in retaliation for American comments against the Confederate segregation regime and TATO support for the 1973 Chilean coup d'etat and the incumbent Peruvian government of Juan Velasco Alvarado.