Teapot Dome scandal Teapot Dome scandal The Teapot Dome scandal was a bribery scandal involving the administration of United States President Warren G. Harding from 19211923. Secretary of the Interior Albert Bacon Fall had leased Navy petroleum reserves at Teapot Dome in Wyoming, and two locations in California, to private oil companies at low rates without competitive bidding. The leases were the subject of a sensational investigation by Senator Thomas J. Walsh. Convicted of accepting bribes from the oil companies, Fall became the first presidential cabinet member to go to prison; no one was convicted of paying the bribes. Before the Watergate scandal,
Oil reserves in Mexico Oil reserves in Mexico As of 2007, the proven oil reserves in Mexico were . The US Energy Information Administration estimated Mexican proved reserves to be as of 2013. Mexico was the seventh-largest oil producer in the world as of 2006, producing of petroleum products, of which was crude oil. Mexican oil production has started to decline rapidly. The U.S. Energy Information Administration had estimated that Mexican production of petroleum products would decline to in 2007 and in 2008. Mexican crude oil production fell in 2007, and was below by the start of 2008. In mid-2008, Pemex said that it