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 production and smuggling in ISIL to produce oil from those oil fields it controls. Estimates of the income ISIL derived from its oil operations vary. In 2014, Dubai-based energy analysts put the combined oil revenue from ISIL's Iraqi-Syrian production as high as US$3 million per day. An estimate from October 2015 indicated the production to be about 34,000-40,000 bpd that was sold at US$20–45 at the wellhead generating an income of US$1.5 million per day. Another 2015 estimate sets the monthly income as high as US$40 million. Various other reports indicated in 2015 that ISIS obtained 1.1 to 1.5 million dollars a day from selling