The Mudcat Café TM
Thread #84453   Message #1560605
Posted By: pdq
10-Sep-05 - 03:54 PM
Thread Name: BS: George Bush---the anti-Christ
Subject: RE: BS: George Bush---the anti-Christ
More about that 'lil charmer Albert A Gore...


Al Gore's Teapot Dome.(Occidental Petroleum acquires large portion of Elk HIlls)(Brief Article)

The Nation; 7/17/2000; COCKBURN, ALEXANDER


Al Gore succeeded where the Administration of Warren Harding failed. He privatized Elk Hills, the huge oilfield outside Bakersfield, California, set aside long ago as a strategic reserve for the Navy. Back in the Harding days, Interior Secretary Albert Fall went to jail for taking a $100,000 bribe to approve lease of the field to Edward Doheny. For seventy years, lingering recollections of Teapot Dome remained strong enough to stymie attempted raids on the military's largest strategic fuel reserve. Nixon tried to sell it, and so did Reagan; each time Congress beat them back.

_____________________________________________________________________

Encyclopedia
Teapot Dome

Teapot Dome, in U.S. history, oil reserve scandal that began during the administration of President Harding. In 1921, by executive order of the President, control of naval oil reserves at Teapot Dome, Wyo., and at Elk Hills, Calif., was transferred from the Navy Dept. to the Dept. of the Interior. The oil reserves had been set aside for the navy by President Wilson. In 1922, Albert B. Fall, U.S. Secretary of the Interior, leased, without competitive bidding, the Teapot Dome fields to Harry F. Sinclair, an oil operator, and the field at Elk Hills, Calif., to Edward L. Doheny. These transactions became (1922–23) the subject of a Senate investigation conducted by Sen. Thomas J. Walsh. It was found that in 1921, Doheny had lent Fall $100,000, interest-free, and that upon Fall's retirement as Secretary of the Interior (Mar., 1923) Sinclair also "loaned" him a large amount of money. The investigation led to criminal prosecutions. Fall was indicted for conspiracy and for accepting bribes. Convicted of the latter charge, he was sentenced to a year in prison and fined $100,000. In another trial for bribery Doheny and Sinclair were acquitted, although Sinclair was subsequently sentenced to prison for contempt of the Senate and for employing detectives to shadow members of the jury in his case. The oil fields were restored to the U.S. government through a Supreme Court decision in 1927.

See M. R. Werner and J. Starr, Teapot Dome (1959); B. Noggle, Teapot Dome (1962).