McKittrick Oil Field the Teapot Dome Scandal of the Warren G. Harding administration; adjacent to the southwest is the Belgian Anticline Oil Field, along Route 58; and to the southeast is the huge Midway-Sunset Oil Field, the third largest oil field in the United States. The total productive area of the field is . The field is about long on the southeast to northwest axis, and about across. The predominant geologic feature, and the one that makes the McKittrick field distinctive, is the presence of a huge block of Monterey shale – more than long, approximately wide, and up to thick – which
Salad Oil scandal mostly filled with water, with only a few feet of salad oil on top. Since the oil floated on top of the water, it appeared to inspectors that these ships were loaded with oil. The company even transferred oil between different tanks while entertaining the inspectors at lunch. In all, Allied claimed to have 1.8 billion pounds of soybean oil, when it actually only had 110 million pounds. The claimed inventory was the basis for the company raising $180 million from investors. Once the scandal was exposed – because the Russian soybean market did not open up, and soybean prices